American Software (AMSWA) Q2 2022 Earnings Call Transcript fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
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What happened
Shares of
American Software (NASDAQ:AMSWA) were trading up by almost 24% as of 2 p.m. EDT Wednesday after the company reported fiscal fourth-quarter earnings that demonstrated its progress in transitioning toward a recurring-revenue model.
So what
For the period, which ended April 30, total revenue declined by 2% to $28.6 million, but that contraction was a function of how revenue gets recognized under a subscription model. American Software s subscription fees jumped by 28% to $8.1 million, and its cloud services annual contract value (ACV) increased by 45% to $38.3 million. Recurring revenue streams for maintenance and cloud subscriptions comprised 60% of total sales,
Press release UN agencies warn economic impact of COVID-19 and worsening inequalities will fuel malnutrition for billions in Asia and the Pacific FAO-UNICEF-WFP-WHO Child and maternal diets particularly vulnerable 20 January 2021
UNICEF/UN0235056/Htet
Bangkok, Thailand, 20 January 2021 – The economic impact of COVID-19 on the world’s most populous region is threatening to further undermine efforts to improve diets and nutrition of nearly two billion people in Asia and the Pacific who were already unable to afford healthy diets prior to the pandemic, says a new report published today by four specialized agencies of the United Nations.
The report found that 1.9 billion people were unable to afford a healthy diet, even before the COVID-19 outbreak and the damage it has since caused to economies and individual livelihoods.
Asia and the Pacific regional overview of food security and nutrition 2020: Maternal and child diets at the heart of improving nutrition
Format
Child and maternal diets particularly vulnerable
20/01/2021, Bangkok, Thailand – The economic impact of COVID-19 on the world’s most populous region is threatening to further undermine efforts to improve diets and nutrition of nearly two billion people in Asia and the Pacific who were already unable to afford healthy diets prior to the pandemic, says a new report published today by four specialized agencies of the United Nations.
The report, ‘
Asia and the Pacific Regional Overview of Food Security and Nutrition 2020: Maternal and Child Diets at the Heart of Improving Nutrition’ found that 1.9 billion people were unable to afford a healthy diet in this region, even before the COVID-19 outbreak and the damage it has since caused to economies and individual livelihoods. The report was published jointly by the Food and Agriculture O