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Jan 31, 2020
American Software Q3 2020 Earnings Report
Reported preliminary results with subscription fees increased, cloud services annual contract value increased, and license fees increased.
Key Takeaways
American Software reported a strong third quarter with a 13% increase in total revenues. Subscription fees increased by 57%, software license fee revenues increased by 115%, and Cloud Services Annual Contract Value (ACV) increased by 58%. GAAP net earnings increased by 43%.
Subscription fees increased 57% compared to the same period last year.
Software license fee revenues increased 115% compared to the same period last year.
Cloud Services Annual Contract Value (ACV) increased approximately 58%.
GAAP net earnings increased 43%.
American Software
American Software
American Software Revenue by Segment
Revenue by Segment
Subscription Fees Revenue
CapyFin.comSoftware License Fees Revenue
CapyFin.comProfessional Services & Other Revenue
CapyFin.comMaintenance Revenue
CapyFin.comRevenue & Expenses
Visualization of income flow from segment revenue to net income