Agilysys, (AGYS) Tops Q2 EPS by 4c; Boosts FY15 Revenue Outlook

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Go back to Agilysys, (AGYS) Tops Q2 EPS by 4c; Boosts FY15 Revenue Outlook

Agilysys’ Fiscal 2016 Second Quarter Revenue Increases 13% to $29.6 Million Inclusive of 35% Year over Year Increase in Subscription Revenue

November 4, 2015 7:30 AM EST

Revenue in First Half of Fiscal 2016 Improves 14% to $57.1 Million, Including a 29% Increase in Subscription Revenue

ALPHARETTA, Ga.--(BUSINESS WIRE)-- Agilysys, Inc. (Nasdaq: AGYS), a global provider of next-generation hospitality software solutions and services, today reported operating results for its fiscal 2016 second quarter.

Summary of Fiscal 2016 Second Quarter Financial Results

Total net revenue was $29.6 million, compared to total net revenue of $26.3 million in the comparable prior-year period. Recurring revenues (which are comprised of support, maintenance and subscription... More