American Software Q1 2015revenues up 7% YoY

American Software, Inc. (AMSWA) said that first quarter 2015 total revenues were USD24.9m, an increase of seven percent over the comparable period last year.

Software license fee revenues for the quarter ended July 31, 2014 were USD4.4m, an increase of 36 percent compared to the same period last year. Services and other revenues for the quarter ended July 31, 2014 decreased 2 percent to USD11.0m compared to USD11.2m for the same period last year.

Maintenance revenues for the quarter ended July 31, 2014 were USD9.5m compared to USD8.9m, an increase of 7 percent over the same period last year. Operating earnings for the quarter ended July 31, 2014 were USD2.2m, a decrease of 9 percent compared to the same period last year.

Atlanta-based American Software provides demand-driven supply chain management and enterprise software solutions, backed by more than 40 years of industry experience, that drive value for companies regardless of market conditions. Its website is at www.amsoftware.com.

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