Agilysys, Inc. (AGYS) Tops Q3 EPS by 4c, provides guidance

Agilysys, Inc. (NASDAQ: AGYS) reported Q3 EPS of $0.38, $0.04 better than the analyst estimate of $0.34. Revenue for the quarter came in at $69.6 million versus the consensus estimate of $73.15 million.

GUIDANCE:

Agilysys, Inc. sees FY2025 revenue of $273 million, versus the consensus of $281.9 million. while maintaining at least 38% year-over-year subscription revenue growth. Adjusted EBITDA is expected to be 18% of revenue for the full fiscal year.

Dave Wood, Chief Financial Officer, commented, “We are pleased to report strong subscription revenue growth results for the quarter. One time revenue remains challenged as we see continued impacts from our slow point-of-sales bookings during the first half of the year and wind down the heavy lift of significant development efforts related to large projects. While we are disappointed with the short-term headwinds leading to the reduction in our annual total revenue guidance, we remain confident in the strength of our product ecosystem and future revenue growth opportunities.”

For earnings history and earnings-related data on Agilysys, Inc. (AGYS) click here.

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