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American Software Inc   (AMSWA)
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
 

A slight Reduction in Revenues at AMSWA amid the November to January 31 2023 interval

company reported third quarter of 2023 operating surplus of $2.956 million


Published Mar 04 2023
CSIMarket Team / CSIMarket.com


tablet_By_Bin_im_Garten_(Own_work)_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons Following soft turnover in the third quarter of 2023, AMSWA managed to improve its earnings per share, EPS grew by 11.11 % to $0.10 per share while Revenues fell by -4.352 % to $31.01 millions, year on year.

Looking into results from the prior reporting period Revenue decreased by -1.358 % from $31.44 millions and EPS soared by 66.67 % from $0.06 per share.


Earnings of $3.340 millions in the third quarter of 2023 increased by 13.61 % from net earnings of $2.940 millions reported in the third quarter of 2023 a year ago. Although operating margin fell to 9.53%, in the third quarter of 2023, the AMSWAs' net margin actually improved to 10.77%.
Operating earnings, fell -8.74% to $2.956 millions, squeezing American Software Inc 's operating margin to 9.53%, from 9.99% in the third quarter of 2022.

American Software Inc is expected to report next financial results on June 28, 2023.



American Software Inc's Free Cash Flow Margin

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