Agilysys, Inc. (AGYS) Tops Q1 EPS by 10c

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Agilysys Reports Fiscal 2021 First Quarter Revenue Of $29.8m

July 28, 2020 4:08 PM EDT

Reports Positive Adjusted EBITDA of $3.4M

Expects Sequential Revenue and Adjusted EBITDA Increase of 15% and 25% Respectively in Q2 Compared to Q1 Fiscal 2021

Cash Balance Remains Strong at $74.6 Million as of June 30, 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 2021 first quarter and period ended June 30, 2020.

Summary of Fiscal 2021 First Quarter Financial Results

Total net revenue was $29.8... More