Agilysys, Inc. (AGYS) Tops Q4 EPS by 10c; Sees Q1 Revs Down Up to 35%

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Go back to Agilysys, Inc. (AGYS) Tops Q4 EPS by 10c; Sees Q1 Revs Down Up to 35%

Agilysys Fiscal 2020 Fourth Quarter Revenue Rises 8% Despite Impact From COVID-19

May 21, 2020 4:05 PM EDT

Record Recurring Revenue, Inclusive of 30% Year Over Year Subscription Revenue Growth

Fiscal 2020 Net Revenue Increases 14% to Record $160.8 Million, Adjusted EBITDA Rises 27% to $13.0 Million

Cash Balance Increases to $46.7 Million at March 31, 2020

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 fourth quarter and full year ended March 31, 2020.

Summary of Fiscal 2020 Fourth Quarter Financial Results

Total net revenue was $39.7 million,... More