The Technology Authority

American Software Reports Fourth Quarter and Fiscal Year 2021 Results

Record Quarterly Bookings Accelerated Growth in Cloud Services Annual Contract Value

American Software, Inc. (NASDAQ: AMSWA) today reported preliminary financial results for the fourth quarter and fiscal year 2021.

Key Fourth Quarter Financial Highlights:

  • Subscription fees were $8.1 million for the quarter ended April 30, 2021, a 28% increase compared to $6.3 million for the same period last year, and Software license revenues were $1.2 million, a 15% increase compared to $1.1 million for the same period last year.

  • Cloud Services Annual Contract Value (ACV) increased approximately 45% to $38.3 million for the quarter ended April 30, 2021 compared to

Read More

Coupa Software Reports Fourth Quarter & Full Year Fiscal 2021 Financial Results

— Record Quarterly Revenues of $164 Million, 47% Year-Over-Year Growth

— Record Quarterly Calculated Billings of $270 Million, 49% Year-Over-Year Growth

— Quarterly Operating Cash Flows and Adjusted Free Cash Flows of $20 Million and $38 Million, Respectively

SAN MATEO, Calif., March 16, 2021 /PRNewswire/ — Coupa Software (NASDAQ: COUP) today announced financial results for its fourth quarter and fiscal year ended January 31, 2021.

Coupa Software (PRNewsfoto/Coupa Software)

“This year, we delivered record financial results across all key measures amid a difficult macroeconomic environment,” said Rob Bernshteyn, chairman and chief executive officer at Coupa.

Read More

Endowment Sells Off Stocks in Major Technology Companies, Invests in Microsoft and Biopharmaceutical Companies in Fourth Quarter | News

In the final months of 2020, Harvard Management Company sold its shares in multiple major technology companies, including Google’s Alphabet, Inc., and made new investments in others, like Microsoft, while maintaining portfolio growth from the previous quarter.

In the third quarter, the value of HMC’s public securities soared, increasing by nearly 55 percent. At the close of the fourth quarter, which ran from Oct. 1 to Dec. 31, the value had grown about an additional one percent, to over $1.84 billion.

HMC reported the figure in its latest filings with the Securities and Exchange Commission, which requires investment managers who

Read More