Logility Reports Second Quarter Fiscal Year 2025 Financial Results [Yahoo! Finance]
American Software, Inc. - Class A (AMSWA)
Last american software, inc. - class a earnings: 2/20 04:05 pm
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Source: Yahoo! Finance
"Subscription revenues continued to grow, up nine percent year over year in the current quarter, even though we faced a number of headwinds as start dates on a couple of projects pushed out and delayed closing of several late-stage deals in our pipeline," said Allan Dow, President and CEO of Logility. "While we still expect to secure these opportunities in the current fiscal year, we are revising our revenue guidance to reflect the impact of lower professional services revenue. Our prior guidance for recurring revenue and adjusted EBITDA is unchanged as we remain confident in our ability to grow subscription fees and maintain strong margins." Fiscal Year 2025 Financial Outlook from Continuing Operations Total recurring revenues remain unchanged at $87.0 million to $89.0 million, and Total Adjusted EBITDA remains unchanged at $15.0 million to $16.4 million. Revised guidance for total revenues is $101.0 million to $105.0 million. Key Second Quarter Financial Highlights from C
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News
- American Software (NASDAQ:AMSW.A) Has Affirmed Its Dividend Of $0.11 [Yahoo! Finance]Yahoo! Finance
- American Software, Inc. Changes Name to Logility Supply Chain Solutions, Inc. and Updates NASDAQ Ticker Symbol to LGTYBusiness Wire
- American Software, Inc. (NASDAQ: AMSWA) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- American Software, Inc. (NASDAQ:AMSW.A) is largely controlled by institutional shareholders who own 74% of the company [Yahoo! Finance]Yahoo! Finance
- Logility Client Named Recipient of 2024 Women in Supply Chain AwardBusiness Wire
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- 10/1/24 - Form 8-K
- 9/10/24 - Form 4/A
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- AMSWA's page on the SEC website