Agilysys, Inc. (AGYS) Tops Q3 EPS by 12c, Revenues Beat; Raises FY20 Revenue Growth Outlook

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Go back to Agilysys, Inc. (AGYS) Tops Q3 EPS by 12c, Revenues Beat; Raises FY20 Revenue Growth Outlook

Agilysys Fiscal 2020 Third Quarter Revenue Rises 16.6% to Record $42.0 Million

January 28, 2020 4:05 PM EST

Seventh Consecutive Quarter of Record Revenue Includes Record Recurring Revenue of $21.0 Million, Inclusive of 28% Growth in Subscription Revenue

Raises Fiscal 2020 Revenue Guidance to an Expectation of Approximately 16% Year-Over-Year Growth

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 2020 third quarter ended December 31, 2019.

Summary of Fiscal 2020 Third Quarter Financial Results

Total net revenue increased 16.6% to a record $42.0 million, compared to total net revenue of... More