American Software Sees FY24 Revenue $100M-$104M Vs $102.176M Est.
Portfolio Pulse from Benzinga Newsdesk
American Software projects its FY24 revenue to be between $100M and $104M, which is around the analyst estimate of $102.176M.

February 22, 2024 | 10:13 pm
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NEUTRAL IMPACT
American Software's FY24 revenue projection aligns closely with analyst estimates, indicating stable financial expectations.
The revenue forecast by American Software for FY24 is very close to the analyst estimates, which suggests that the company's financial performance is expected to be stable. This alignment with analyst expectations generally indicates a neutral impact on the stock price in the short term, as there are no significant positive or negative surprises.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100