Agilysys Reports Fiscal 2021 Fourth Quarter Revenue Of $36.3M
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Agilysys, Inc. (AGYS) Tops Q4 EPS by 6c; Offers FY22 Revenues Guidance Above Consensus
May 18, 2021 4:09 PM EDTAgilysys, Inc. (NASDAQ: AGYS) reported Q4 EPS of $0.21, $0.06 better than the analyst estimate of $0.15. Revenue for the quarter came in at $36.34 million versus the consensus estimate of $36.7 million.
Summary of Fiscal 2021 Fourth Quarter Financial Results
Total net revenue was $36.3 million, compared to total net revenue of $39.7 million in the comparable prior-year period for an 8% decrease in revenue.Recurring revenues (which are comprised of support, maintenance and subscription services) were $22.9 million, or 63.1% of total net revenue, compared to $22.3 million, or 56.2% of total net revenue, for the same period in fiscal 2020. Subscription revenues increased... More