Home / Knowledge / News / Information Technology / American Software Q3 FY14 revenues hike 6%
American Software Q3 FY14 revenues hike 6%
03
Mar '14
American Software, Inc. reported preliminary financial results for the third quarter of fiscal 2014. The Company has delivered 52 consecutive quarters of profitability.
 
“We believe companies are beginning to invest more strategically as they strive to better manage supply chain business processes across their increasingly complex global networks. This translates into competitive evaluations that span a broader footprint of our software and services solutions including cloud and managed services”
 
Key third quarter financial metrics:
-Total revenues for the quarter ended January 31, 2014 were $24.4 million, an increase of 6% over the comparable period last year.
-Software license fee revenues for the quarter ended January 31, 2014 were $5.0 million, an increase of 2% over the same period last year.
-Services and other revenues for the quarter ended January 31, 2014 increased 6% to $10.2 million compared to $9.6 million for the same period last year.
-Maintenance revenues for the quarter ended January 31, 2014 were $9.3 million compared to $8.6 million, an increase of 8% over the same period last year.
-Operating earnings for the quarter ended January 31, 2014 were $3.5 million, an increase of 54% compared to the same period last year.
-GAAP net earnings for the quarter ended January 31, 2014 were $2.5 million or $0.09 per fully diluted share, an increase of 16% over the same period last year.
-Adjusted net earnings for the quarter ended January 31, 2014, which excludes stock-based compensation expense and amortization of acquisition-related intangibles, were $2.8 million or $0.10 per fully diluted share compared to $2.5 million or $0.09 per fully diluted share for the same period last year, which also excluded stock-based compensation expense and amortization of acquisition-related intangibles.
-Adjusted EBITDA was $4.4 million for the quarter ended January 31, 2014 compared to $3.7 million for the quarter ended January 31, 2013. Adjusted EBITDA represents GAAP net earnings adjusted for amortization of intangibles, depreciation, interest income & other, net, income tax expense, stock-based compensation, and other significant non-routine operating and non-operating income and expense items, if applicable.
 
Click here to view full results.

American Software


Must ReadView All

Apparel/Garments | On 21st Sep 2017

UK fashion exports £10.7 bn in 2016; highest till now

Exports of British fashion goods rose to £10.7 billion in 2016, the...

Apparel/Garments | On 21st Sep 2017

BFC announces partnership with Chinese firm JD.com

The British Fashion Council (BFC) has forged a new partnership...

Textiles | On 21st Sep 2017

Indonesia’s textile exports may reach $15 billion by 2019

Indonesia’s textile-related exports are projected to reach $15...

Interviews View All

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

September 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search