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through the current uncertainty. View source version on businesswire.com: https://www.businesswire.com/news/home/20230608005695/en/, Get the latest news and updates from Stockhouse on social media, Stockhouse.com uses cookies on this site. Heidelberg Materials US Inc., ICL, Inc., Libbey Glass LLC, Tillys Inc. and Yazaki, Inc. During the quarter, SaaS subscription and software license agreements were signed with customers located in the following eight countries: Australia, Belgium, Mexico, New Zealand, Norway, represents GAAP net earnings adjusted for amortization of intangibles, depreciation, interest income & other, net, and income tax expense. Contact Who is Logility Headquarters 470 E Paces Ferry Rd, Atlanta, Georgia, 30305, United States Phone Number (404) 261-9777 Website www.logility.com Revenue $127.6M Industry Supply Chain Management (SCM) Software Software Development & Design Software Logility's Social Media Is this data correct? Software license revenues were $2.8 million compared to $5.4 million for the same period last year. Evotec: "Tesla der Biologika-Hersteller" wieviel Potenzial die Aktie jetzt hat. American Software previously completed a tender offer, which expired on June 29, 2009, for all the outstanding common stock of Logility not currently owned by American Software. Diluted per share for Class B shares under the two-class method are $0.08 and $0.31 for the three and twelve months ended April 30, 2023, respectively. Diluted per share for Class B shares under the two-class method are $0.11 and $0.38 for the three and twelve months ended April 30, 2022, respectively. The Company believes that this presentation of EBITDA, adjusted EBITDA, adjusted net earnings and adjusted net earnings per share provides useful information to investors regarding certain additional financial and business trends relating to its financial condition and results of operations. An email was sent with password retrieval instructions. For further information about risks the Company could experience as well as other information, please refer to the Companys current Form 10-K and other reports and documents subsequently filed with the SEC. Copyright 2023 Morningstar, Inc. All rights reserved. Key Fourth Quarter of Fiscal Year 2023 highlights: Key Fiscal 2023 Year to Date Financial Highlights: The overall financial condition of the Company remains strong, with cash and investments of approximately $115.5 million. Logility, please visit www.logility.com. To learn how Logility can help you make smarter decisions faster, visit www.logility.com . Subscription fees were $13.0 million for the quarter ended April 30, 2023, an 18% increase compared to $11.1 million for the same period last year. Zoho Books: Best Free Accounting Software. PDF American Software Reports First Quarter of Fiscal Year 2022 Results . However, we remain confident in the long-term growth prospects of our business given the secular tailwinds from digital supply chain transformation and our platform release as supplemental information relating to its operating results. American Software, Inc. Announces Retirement of Dr. Thomas L. Newberry Dow Jones +15 Min. View contact profiles from Logility You have permission to edit this article. EBITDA represents GAAP net earnings adjusted for amortization of intangibles, depreciation, interest income & other, net, and income tax expense. Purchases of property and equipment, net of disposals, Purchase of business, net of cash acquired, Cash and cash equivalents at beginning of period. 5 Charts On the Super Concentrated Stock Market. Logility is a wholly-owned subsidiary and operating entity for American Software, Inc. (NASDAQ: AMSWA). He came to Demand Solutions in 2006 after holding leadership positions at Manugistics and American Software. Maintenance revenues for the twelve months ended April 30, 2023 were $34.6 million, a 6% decrease compared to $36.6 million for the same period last year. Logility - Overview, News & Competitors | ZoomInfo.com Recurring revenue streams for Maintenance and Cloud Services were $85.0 million and $78.7 million or 69% and 62% of total revenues for the twelve-month periods ended April 30, 2023 and 2022, Adjusted net earnings for the quarter ended April 30, 2023, which excludes non-cash stock-based compensation expense and amortization of acquisition-related intangibles, were $4.1 million or This annual award program recognizes influential individuals in the industry whose achievements, hard work and vision have shaped the global cold food supply chain. Operating and Non-GAAP Financial Measures. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. Best Accounting Software For Small Business 2023 - Forbes Logility® is a registered trademark of Logility, Inc. Other products mentioned in this document are registered, trademarked or service marked by their respective owners. Crash-Alarm an der Brse: Riedl sieht riskante Phase des Marktanstiegs! References below to the Company . Do you consider yourself unaffiliated with any of the major religions? Contango ORE Issues Initial S-K 1300 Resource Technical Report Summary for the Lucky Shot Project, Medical Properties Trust Posts New Investor Presentation. Forward-Looking Statements Maintenance revenues for the twelve months ended April 30, 2023 were $34.6 million, a 6% decrease compared to $36.6 million for the same period last year. Adjusted net earnings for the twelve months ended April 30, 2023, which exclude stock-based compensation expense and amortization of acquisition-related intangibles were $15.2 million or $0.45 per fully diluted share, compared to $16.0 million or $0.47 per fully diluted share for the same period last year. SoFi at Work Launches Student Loan Verification Service To Help Employees Pay Off Student Debt Construction Update at Sangdong Tungsten Mine, GameStop Announces Election of Ryan Cohen as Executive Chairman, Tech Alert: BrainChip Examines New Approach to Optimizing Time-series Data, Carvana Releases Improved Q2 2023 Financial Outlook Ahead of Industry Conference. You can learn more about American Software at www.amsoftware.com, or by calling (404) 364-7615 or emailing Diablo IV Crosses $666 Million Sell-Through within Five Days of Launch, Setting New Blizzard Docebo Expands Generative AI Capability with the Acquisition of Edugo.AI Learning Technology. This annual award program recognizes influential individuals in the industry whose achievements, hard work and vision have shaped the global cold food supply chain. Adjusted net earnings for the twelve months ended April 30, 2023, which exclude stock-based compensation expense and amortization of acquisition-related intangibles were $15.2 million or $0.45 per fully diluted share, compared to $16.0 million or $0.47 per fully diluted share for the same period last year. This financial information is not in accordance with, or an alternative for, GAAP-compliant financial information and may be different from the operating or non-GAAP financial information used by other companies. For the twelve months ended April 30, 2023, the Company reported operating earnings of approximately $10.5 million compared to $13.2 million for the same period last year. Key Fourth Quarter of Fiscal Year 2023 highlights: Key Fiscal 2023 Year to Date Financial Highlights: The overall financial condition of the Company remains strong, with cash and investments of approximately $115.5 million. Maintenance revenues for the quarter ended April 30, 2023 decreased 7% to $8.2 million compared to $8.8 million for the same period last year reflecting the shift to cloud revenue as a client preference. Copyright 1998-2023 Smartbroker Holding AG - Alle Rechte vorbehalten. Entdecke die Top 5 KI-Geheimtipps der Goldmnner mit bis zu 140% Kurspotenzial! Gamestop-Umstrukturierung schockiert Anleger: Aktie im Sinkflug. revenues from our Supply Chain Management segment increased 2% compared to the same period last year. Diluted per share for Class B shares under the two-class method are $0.08 and $0.31 for the three and twelve months ended April 30, 2023, respectively. Insights customer feedback on supply chain planning solutions for a specific 18-month period to offer peer perspective. differ materially from what is anticipated by statements made herein. Website. EBITDA was $13.7 million for the twelve months ended April 30, 2023 compared to $17.3 million for the same period last year. View as PDF. Operating and Non-GAAP Financial Measures S&P 500 vor Entscheidung! Excluding our non-core IT Consulting business unit, total revenues from our Supply Chain Management segment increased 2% compared to the same period last year. Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. Total revenues for the twelve months ended April 30, 2023 were $123.7 million compared to $127.6 million for the same period last year. INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against ZIM Integrated Shipping Services INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Integra Digital Turbine, Inc. and BrainChip and CVEDIA Team to Advance State-of-the-Art Edge AI and Neuromorphic Computing. Announced in February, Allan Dow, president of Logility, Inc., and Elaine Videau, director of planning for Tillamook County Creamery Association, a farmer-owned co-op, were two winners of this years Food Logistics Rock Stars of the Supply Chain award. This press release contains forward-looking statements that are subject to substantial risks and uncertainties. services; technological complexity; undetected software errors; potential product liability or warranty claims; risks associated with new product development; the challenges and risks associated To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research. Key Fourth Quarter of Fiscal Year 2023 highlights: Key Fiscal 2023 Year to Date Financial Highlights: The overall financial condition of the Company remains strong, with cash and investments of approximately $115.5 million. Stockhouse membership requires an email address which must be shared by Facebook. Ab jetzt wird alles anders: PayPal, BYD, BioNxt Solutions, Ex-SEC-Manager: "Raus aus den Kryptobrsen, sofort! View source version on businesswire.com:https://www.businesswire.com/news/home/20230608005695/en/, KEYWORD: GEORGIA UNITED STATES NORTH AMERICA, INDUSTRY KEYWORD: SUPPLY CHAIN MANAGEMENT ONLINE RETAIL RETAIL TECHNOLOGY SOFTWARE ARTIFICIAL INTELLIGENCE INTERNET, PUB: 06/08/2023 04:05 PM/DISC: 06/08/2023 04:05 PM, http://www.businesswire.com/news/home/20230608005695/en. For the Supply Chain business, professional services revenues for the quarter ended April 30, 2023 decreased by 23% to $4.6 million when compared to $6.0 million in the same period last year due to lower project work and outsourcing of some services to partners. American Software (AMSWA) Surpasses Q4 Earnings Estimates American Software previously completed a tender offer, which expired on June 29, 2009, for all the outstanding common stock of Logility not currently owned by American Software. Your own library. ATLANTA, November 17, 2022 -- ( BUSINESS WIRE )--American Software, Inc. (NASDAQ: AMSWA) today reported preliminary financial results for the second quarter of fiscal year 2023. EBITDA was $3.0 million for the quarter ended April 30, 2023 compared to $6.4 million for the same period last year. These factors include, but are not limited to, continuing U.S. and global economic uncertainty and the timing and degree of business recovery; the irregular pattern of the Company’s revenues; dependence on particular market segments or customers; competitive pressures; market acceptance of the Company’s products and services; technological complexity; undetected software errors; potential product liability or warranty claims; risks associated with new product development; the challenges and risks associated with integration of acquired product lines, companies and services; uncertainty about the viability and effectiveness of strategic alliances; the Company’s ability to satisfy in a timely manner all Securities and Exchange Commission (SEC) required filings and the requirements of Section 404 of the Sarbanes-Oxley Act of 2002 and the rules and regulations adopted under that Section; as well as a number of other risk factors that could affect the Company’s future performance. Management Profiles - American Software Learn how it impacts everything we do, https://www.businesswire.com/news/home/20230608005695/en/, Amortization of acquisition-related intangibles, Amortization of acquisition-related intangibles (2). Maintenance revenues for the quarter ended April 30, 2023 decreased 7% to $8.2 million compared to $8.8 million for the same period last year reflecting the shift to cloud revenue as a client preference. Logility and PPC Flexible Packaging Showcase Prescriptive Supply The Inflation Hedge That Cost Investors 17% of Their Purchasing Power. GAAP net earnings for the quarter ended April 30, 2023 were $2.9 million or $0.08 per fully diluted share compared to $3.6 million or $0.10 per fully diluted share for the same period last year. Please go to the link in the email message to retrieve your password. Supply Chain Sustainability: Value & Profit in Responsibility These products and services are usually sold through license agreements or subscriptions. He has been instrumental in shaping the company's overall strategy development including the transition to delivering a higher mix of SaaS deployments and innovative cloud services. different from the operating or non-GAAP financial information used by other companies. Keith A. Charron COO, Logility (Prescriptive Supply Chain Solutions) Detroit Metropolitan Area 3K followers 500+ connections Join to follow American Software, Inc. Michigan State University. Total revenues of $120.0 million to $126.0 million, including total recurring revenues of $88.0 million to $92.0 million. Operating and Non-GAAP Financial Measures. This Gartner research document synthesizes Gartner Peer Insights’ customer feedback on supply chain planning solutions for a specific 18-month period to offer peer perspective.

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