Agilysys, Inc. (AGYS) Misses Q2 EPS by 5c

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Agilysys Fiscal 2019 Second Quarter Revenue Rises 14% to Record $34.2 Million

October 25, 2018 4:05 PM EDT

Recurring Revenue Increases 10% to Record $18.9 Million, Inclusive of 27% Growth in SaaS Revenue

Third Consecutive Quarter of Positive Adjusted Earnings from Operations

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 2019 second quarter ended September 30, 2018.

Summary of Fiscal 2019 Second Quarter Financial Results

Total net revenue was a record $34.2 million, compared to total net revenue of $30.1 million in the comparable prior-year period.... More