American Software (AMSWA) Releases Quarterly Earnings Results, Beats Expectations By $0.01 EPS
American Software (NASDAQ:AMSWA) announced its earnings results on Wednesday. The company reported $0.10 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.09 by $0.01, Stock Ratings Network reports. The company had revenue of $25.90 million for the quarter, compared to the consensus estimate of $26.56 million.
American Software (NASDAQ:AMSWA) traded up 3.71% during mid-day trading on Wednesday, hitting $10.06. The stock had a trading volume of 60,718 shares. American Software has a 52 week low of $7.54 and a 52 week high of $11.12. The stock’s 50-day moving average is $9.53 and its 200-day moving average is $9.91. The company has a market cap of $281.1 million and a price-to-earnings ratio of 27.40.
The company also recently declared a quarterly dividend, which is scheduled for Friday, August 22nd. Investors of record on Friday, August 8th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 4.12%. The ex-dividend date of this dividend is Wednesday, August 6th.
American Software, Inc (NASDAQ:AMSWA) develops, markets and supports a portfolio of software and services.
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