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AMERICAN SOFTWARE ANNOUNCES FISCAL 1992 EARNINGS

 AMERICAN SOFTWARE ANNOUNCES FISCAL 1992 EARNINGS
 ATLANTA, June 4 /PRNewswire/ -- American Software (NASDAQ: AMSWA)


announced revenues and net earnings for the fiscal year ended April 30.
 Revenues for the fourth quarter of fiscal 1992 were $28,032,000, compared to $28,884,000 in the same period last fiscal year. Net earnings for the fourth quarter were $3,689,000 compared to $5,490,000 a year ago. Fiscal 1992 fourth quarter earnings per share were $.16 vs. $.24 per share in the corresponding quarter in fiscal 1991, on 23,450,210 and 23,101,886 weighted average shares outstanding, respectively.
 For fiscal 1992, the company's revenues were $113,125,000, compared to $101,854,000 for last year. Operating earnings for the same period were $23,193,000 compared to $22,077,000 a year ago. Net earnings were $18,563,000 compared to $17,482,000 last year. Earnings per share for fiscal year 1992 were $.80 compared to $.75 last year on 23,343,821 and 23,200,401 weighted average shares outstanding, respectively.
 American Software, headquartered in Atlanta, develops, markets and supports business application software for a wide range of end-users, including manufacturing companies, public utilities, financial institutions, health-care facilities and distribution concerns. The company's Class A Common Shares are listed on the NASDAQ stock market- national market under the symbol AMSWA.
 AMERICAN SOFTWARE, INC.
 Selected Financial Information
 (In thousands)
 Fourth qtr. ended 4/30/92 4/30/91
 Revenues $ 28,032 $ 28,884
 Operating earnings 4,152 7,358
 Earnings before income taxes 5,354 8,554
 Income taxes 1,665 3,064
 Net earnings 3,689 5,490
 Earnings per share .16 .24
 Weighted average shares outstanding 23,450 23,102
 12 mos. ended 4/30/92 4/30/91
 Revenues $113,125 $101,854
 Operating earnings 23,193 22,077
 Earnings before income taxes 27,879 26,678
 Income taxes 9,316 9,196
 Net earnings 18,563 17,482
 Earnings per share .80 .75
 Weighted average shares outstanding 23,344 23,200
 -0- 6/4/92
 /CONTACT: Neal L. Miller, chief financial officer of American Software, 404-261-4381/
 (AMSWA) CO: American Software, Inc. ST: Georgia IN: CPR SU: ERN


BR-BN -- AT011 -- 7234 06/04/92 17:15 EDT
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Date:Jun 4, 1992
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