American Software, Inc. ( (LGTY) ) has released its Q3 earnings. Here is a breakdown of the information American Software, Inc. presented to its investors.
Logility Supply Chain Solutions, Inc., headquartered in Atlanta, Georgia, is a prominent provider of AI-first supply chain management software, offering innovative solutions aimed at enhancing digital supply chains for businesses worldwide.
The third quarter fiscal year 2025 earnings report for Logility reflects a period of strategic business transitions, highlighted by a pending acquisition agreement with Aptean, Inc. Despite this, the company has reported a mixed financial performance in terms of revenue and profitability.
Key financial metrics show that Logility’s subscription fees rose by 5% to $14.8 million for the quarter, while total revenues slightly decreased by 2% to $25.0 million due to declines in services and maintenance revenue. The company experienced an operating loss of $3.5 million, influenced by one-time charges related to acquisitions and the pending Aptean transaction. Adjusted EBITDA, however, increased by 7% to $4.3 million, signaling resilience in core operations despite the challenges.
Year-to-date results present a similar narrative, with subscription fees increasing by 7% to $44.1 million, yet total revenues fell slightly by 1% to $76.5 million. The company reported a GAAP net income of $1.0 million, a significant decrease from the previous year’s $7.4 million. Adjusted net earnings also saw a decline, indicating the impact of strategic expenses and market adjustments.
Looking ahead, Logility’s management remains focused on successfully completing the acquisition by Aptean and leveraging its AI-driven solutions to continue providing value in the competitive supply chain software market. The transaction is expected to bring significant strategic advantages and opportunities for growth in the coming quarters.