American Software Reports Preliminary First Quarter of Fiscal Year 2012 Results
License Fee Revenues increase 139% and GAAP Net Earnings Increase 67% for the quarter
American Software, Inc. (NASDAQ:AMSWA) reported preliminary financial results for the first quarter of fiscal year 2012, delivering a 139% increase in first quarter license fee revenues and a 67% increase in GAAP net earnings when compared to the same period last year. The Company has achieved 42 consecutive quarters of profitability and 32 consecutive quarters of providing dividend distributions to shareholders.
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