American Software Sees FY25 Revenue $104M-$108M Vs $105.71M Est.
Portfolio Pulse from Benzinga Newsdesk
American Software has released its financial outlook for Fiscal Year 2025, projecting total revenues between $104 million and $108 million, slightly below the estimated $105.71 million. The company also expects recurring revenues between $87 million and $89 million, and adjusted EBITDA between $15 million and $16.4 million.
June 06, 2024 | 8:20 pm
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American Software's FY25 revenue projection of $104M-$108M is slightly below the estimated $105.71M. The company also expects recurring revenues of $87M-$89M and adjusted EBITDA of $15M-$16.4M.
The revenue projection is slightly below the market estimate, which could lead to a neutral short-term impact on the stock price. However, the recurring revenue and adjusted EBITDA projections are within a reasonable range, providing some stability.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100