American Software, Inc. (NASDAQ:AMSWA) Q4 2024 Earnings Conference Call June 6, 2024 5:00 PM ET
Company Participants
Vince Klinges - Chief Financial Officer
Allan Dow - President & Chief Executive Officer
Conference Call Participants
Zach Cummins - B. Riley Securities
Matthew Galinko - Maxim Group
Anja Soderstrom - Sidoti & Company
Operator
Good day, everyone, and welcome to today's Fourth Quarter and Fiscal Year 2024 Earnings Results Call. At this time, all participants are in a listen-only mode. Later, you will have the opportunity to ask questions during the question-and-answer session. [Operator Instructions] Please note, this call is being recorded, and I will be standing by if you should need any assistance.
It is now my pleasure to turn the conference over to Vince Klinges. Please go ahead, sir.
Vince Klinges
Thank you, Travis. Good afternoon, everyone, and welcome to American Software's fourth quarter fiscal 2024 earnings call.
On the call with me is Allan Dow, President and CEO of American Software. Allan will provide some opening remarks, and then I will review the numbers. But first, our safe harbor statement.
This conference call may contain forward-looking statements, including statements regarding, among other things, our business strategy and growth strategy. Any such forward-looking statements speak only as of this date. These forward-looking statements are based largely on our expectations and are subject to a number of risks and uncertainties, some of which cannot be predicted or quantified and are beyond our control. Future developments and actual results could differ materially from those set forth in, contemplated by or underlying the forward-looking statements.
There are a number of factors that could cause actual results to differ materially from those anticipated by statements made on this call. Such factors include, but are not limited to, changes and uncertainty in general economic conditions, the growth rate of the market for our products and services, timely availability and market acceptance of these products and services, the effect of competitive products and pricing and other competitive pressures and the irregular and unpredictable pattern of revenues. In light of these risks and uncertainties, there can be no assurance that the forward-looking information will prove to be accurate.
At this time, I'd like to turn the call over to Allan for opening remarks.
Allan Dow
Thank you, Vince. Good afternoon, everyone, and thank you for joining us today.
Although challenging from an economic standpoint, fiscal 2024 was a pivotal year for American Software. Strategically, we transformed our company through the divestitures of the proven method in Transportation Rating Solutions, leaving us with a singular focus on our core supply chain software business moving forward. This transformation will become more evident later this year as we plan to rename the company Logility, and trade under the ticker symbol LGTY. Most important is that our Logility brand is already known to our existing client community and prospects. And Logility was recognized by Gartner as a leader in the latest Magic Quadrant for supply chain planning solutions. So, this change will align the company with our brand.