Agilysys, Inc. (AGYS) Misses Q3 EPS, Revs Beat; Reiterates Forecast

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Go back to Agilysys, Inc. (AGYS) Misses Q3 EPS, Revs Beat; Reiterates Forecast

Agilysys Fiscal 2019 Third Quarter Revenue Rises 15% to Record $36.0 Million

January 24, 2019 4:05 PM EST

Third Consecutive Quarter of Record Revenue Includes Recurring Revenue Increase of 12.4% to Record $19.3 Million, Inclusive of 25% Growth in Subscription Revenue

Fourth 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 third quarter ended December 31, 2018.

Summary of Fiscal 2019 Third Quarter Financial Results

Total net revenue was a record $36.0 million, compared to total net revenue of $31.3 million in the comparable... More