Agilysys, Inc. (AGYS) Misses Q2 EPS by 4c

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Go back to Agilysys, Inc. (AGYS) Misses Q2 EPS by 4c

Agilysys Reports Fiscal 2017 Second Quarter Revenue of $32.7 Million

November 9, 2016 4:05 PM EST

Subscription Revenue Increases 46% Year over Year Reflecting Ongoing Momentum in Shift to SaaS Revenue Model

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 2017 second quarter ended September 30, 2016.

Summary of Fiscal 2017 Second Quarter Financial Results

Total net revenue was $32.7 million, compared to total net revenue of $29.6 million in the comparable prior-year period. Recurring revenues (which are comprised of support, maintenance and... More