MAM Software: Fiscal 4Q Earnings Snapshot

BLUE BELL, Pa. (AP) _ MAM Software Group Inc. (MAMS) on Friday reported fiscal fourth-quarter net income of $958,000. On a per-share basis, the Blue Bell, Pennsylvania-based company said it had profit of 8 cents. The software company for the automotive industry posted revenue of $9.5 million in...

BLUE BELL, Pa. (AP) _ MAM Software Group Inc. (MAMS) on Friday reported fiscal fourth-quarter net income of $958,000.

On a per-share basis, the Blue Bell, Pennsylvania-based company said it had profit of 8 cents.

The software company for the automotive industry posted revenue of $9.5 million in the period.

For the year, the company reported profit of $3.2 million, or 27 cents per share. Revenue was reported as $35.8 million.

MAM Software shares have risen 9 percent since the beginning of the year. In the final minutes of trading on Friday, shares hit $8.19, a climb of 15 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MAMS at https://www.zacks.com/ap/MAMS

More