12:00 PM New York – American Software fourth-quarter net soared 32% to $3 million. Finish Line first-quarter net plunged 30% to $10 million. Synnex second-quarter net slumped 15% to $44 million. Sonic third-quarter net declined 25% to $15 million.
Tollbooth Index increased 88.05 or 0.8% to 10,620.26.
American Software, Inc
), the software services provider said revenues in the fourth-quarter ending in April jumped 5% from a year ago to $28.9 million.
Net income in the quarter soared 32% to $3.4 million or 12 cents per diluted share compared to $2.6 million or 9 cents per share from the same quarter last year.
Finish Line Inc
), the specialty retailer stated net sales in the first-quarter ending on May 28 jumped 2.3% from a year ago to $453.5 million.
Comparable store sales in the quarter increased 1.5%
Net income in the quarter plunged 30.4% to $9.6 million or 23 cents per diluted share compared to $13.8 million or 30 cents per share from the same quarter last year.
In the year, the company forecasted Finish Line comparable store sales to increase in the range of 3% to 5% and earnings per share between $1.50 and $1.56.
), the computer peripherals provider reported revenues in the second-quarter ending in May jumped 3.9% from a year ago to $3.38 billion.
Net income in the quarter slumped 14.5% to $44.4 million or $1.11 per diluted share compared to $51.9 million or $1.30 per share from the same quarter last year.
Synnex forecasted revenues in the third-quarter in the range of $3.40 billion to $3.53 billion and net income between $52.5 million and $54.5 million and diluted earnings per share in the range of $1.32 to $1.37.
), the drive-in restaurants chain stated total revenues in the third-quarter ending in May rose 0.3% from a year ago to $165.2 million.
System same-store sales increased 2%, consisting 2.1% same-store sales increase at franchise drive-ins and an increase of 0.9%.
Net income in the quarter declined 24.5% to $15.4 million or 31 cents per diluted share compared to $20.4 million or 38 cents per share from the same quarter last year.
The restaurants operator estimated earnings per share in fiscal 2016 to jump in the range of 20% to 25%.