American Software (AMSWA) Q1 Earnings and Revenues Beat Estimates

Core Viewpoint - American Software reported quarterly earnings of $0.12 per share, exceeding the Zacks Consensus Estimate of$0.07 per share, and matching the earnings from the previous year [1] - The company achieved a revenue of $26.19 million for the quarter, surpassing the Zacks Consensus Estimate by 5.23$29.17 million year-over-year [1] Earnings Performance - The earnings surprise for the quarter was 71.43%, with a previous quarter surprise of 50% [1] - Over the last four quarters, American Software has exceeded consensus EPS estimates three times [1] Revenue Insights - The company has also topped consensus revenue estimates three times in the last four quarters [1] - Current consensus EPS estimate for the upcoming quarter is $0.08 on revenues of$25.76 million, and for the current fiscal year, it is $0.35 on revenues of$104.01 million [4] Industry Context - The Computer - Software industry is currently ranked in the top 28% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [5] - Adobe Systems, another company in the same industry, is expected to report quarterly earnings of $4.53 per share, reflecting a year-over-year increase of 10.8% [5][6]