Agilysys, Inc. (AGYS) Tops Q4 EPS by 1c, Offers FY17 Guidance

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Go back to Agilysys, Inc. (AGYS) Tops Q4 EPS by 1c, Offers FY17 Guidance

Agilysys’ Fiscal 2016 Fourth Quarter Revenue Increases 11% to Quarterly Record $31.9 Million, Inclusive of 33% Rise in Subscription Revenue

June 9, 2016 4:05 PM EDT

Fiscal 2016 Revenue Rises 16% to $120.4 Million; Recurring Revenue for the Full Year Rises to $60.1 Million, or 50% of Total Revenue

Fiscal 2017 Revenue Outlook of $132 Million - $136 Million; Fiscal 2017 Adjusted EBITDA Expected to Double

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 fourth quarter and full year ended March 31, 2016.

Summary of Fiscal 2016 Fourth Quarter Financial Results

Total net revenue was $31.9 million, compared to total net revenue of $28.7... More