Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | |--------------------------------------------------------------------------------------------------------------|---------------------------------------- ...

Financial Data and Key Metrics Changes - Q1 fiscal 2021 revenue was $29.8 million, a 22% decline compared to Q1 of fiscal 2020 [8][35] - Recurring revenue increased 2% year-over-year despite one-time COVID relief provided to customers [9][35] - Adjusted EBITDA during the quarter was $3.4 million, better than original expectations [28][40] - Gross profit margin increased to 62.2% compared to 52.1% in the first quarter of fiscal 2020 [38] Business Line Data and Key Metrics Changes - Product revenues were down 52% year-over-year, while services revenues decreased by 45% [35] - Subscription revenue grew by 8.6% for Q1 fiscal 2021, comprising around 37% of total recurring revenue [36] - The extent of sale agreements closed during the quarter was about 60% in value terms compared to the same quarter last year [11] Market Data and Key Metrics Changes - The hospitality industry faced significant challenges due to COVID-19, impacting all revenue areas [9][35] - Regional resorts and tribal casinos showed decent rebounds and continued technology investments [13][52] - The APAC and EMEA businesses began to pick up in July after a decline [14] Company Strategy and Development Direction - The company aims to be an end-to-end industry-focused technology solutions provider, leveraging modern cloud and SaaS-native technology [20][27] - New product offerings, including IG OnDemand and rGuest Express, are designed to meet immediate customer needs and enhance guest experiences [21][22] - The company is focused on increasing the pace of product innovation and improving customer service levels [29][30] Management Comments on Operating Environment and Future Outlook - Management expressed cautious optimism about the near-term future and bullishness about long-term growth prospects [33] - The company expects Q2 fiscal 2021 revenue to be about 15% sequentially higher than Q1 [31] - Management acknowledged significant marketplace uncertainties but remains confident in the company's financial health and ability to execute growth plans [34][68] Other Important Information - The company signed agreements adding 10 new customers and 32 new properties during the quarter [15] - The cash balance as of June 30, 2020, was $74.6 million, up from $46.7 million on March 31, 2020 [41] - Free cash flow in the quarter was negative $5.2 million, primarily due to working capital [42] Q&A Session Summary Question: Bookings trends within the quarter and July - Management noted that new customer business and new product sales are performing better than expected, while new site activations have slowed [46][47] Question: Conversion rates for OnDemand free trials - Management is optimistic about the conversion rates from the OnDemand free trials, expecting a significant portion of customers to continue using the product [49] Question: Strength in gaming and regional casinos - Management observed a pickup in business from regional resorts and tribal casinos, with ongoing interest in technology investments [52][53] Question: Competitive landscape for new offerings - Management highlighted that their integrated offerings provide a competitive advantage over peers who rely on third-party vendors [55] Question: Confidence in one-time COVID relief - Management expressed cautious optimism that the one-time relief measures would not need to be extended, but acknowledged the uncertainty of future needs [60]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For transition period from to Commission file number 0-5734 AGILYSYS, INC. (Exact name of registrant as specified in its charter) Ohio 34-0907152 State or other jurisdiction of incorporation or organization ( ...

Agilysys, Inc. (NASDAQ:AGYS) Q4 2020 Results Earnings Conference Call May 21, 2020 4:30 PM ET Company Participants Dave Wood - Vice President, Corporate Strategy and Investor Relations Ramesh Srinivasan - President and CEO Tony Pritchett - Chief Financial Officer Conference Call Participants Matt VanVliet - BTG George Sutton - Craig-Hallum Tyler Wood - Northland Securities Allen Klee - National Securities Ishfaque Faruk - Sidoti & Company Operator Good day, ladies and gentlemen. And welcome to the Agilysys’ ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2019 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | |--------------------------------------------------------------------------------------------------------------|------------------------------------ ...

Agilysys, Inc. (NASDAQ:AGYS) Q3 2020 Earnings Conference Call January 28, 2020 4:30 PM ET Company Participants Dave Wood - Vice President of Corporate Strategy & Investor Relations Ramesh Srinivasan - President & Chief Executive Officer Tony Pritchett - Chief Financial Officer Conference Call Participants George Sutton - Craig-Hallum Tyler Wood - Northland Securities Ishfaque Faruk - Sidoti Allen Klee - National Securities Operator Good day, ladies and gentlemen, and welcome to the Agilysys Fiscal 2020 Thir ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2019 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________. Commission file number 0-5734 AGILYSYS, INC. (Exact name of registrant as specified in its charter) Ohio 34-09 ...

Financial Data and Key Metrics Changes - The company reported revenue of $40.7 million for Q2 2020, a 19% increase compared to $34.2 million in Q2 2019, marking the eighth consecutive quarter of sequential revenue growth [9][25] - Professional services revenue reached a record of over $8 million, indicating strong selling success and business activity [10] - Recurring revenue was a record $20.3 million, driven by a 16% year-over-year increase in subscription revenue [10][26] - The cash balance increased by $1.7 million during Q2 2020, contrasting with a cash loss of $2.2 million in the same period last year [11][32] - Adjusted EBITDA for Q2 2020 was $3 million, up from $2.6 million in the prior year [34] Business Line Data and Key Metrics Changes - Product revenue increased by 35.4% to $11.9 million, while professional services revenue grew by 29.5% to a record $8.5 million [26] - Total recurring revenue represented 49.9% of total net revenue, down from 55.1% in Q2 2019, with subscription revenue comprising approximately 36.1% of total recurring revenue [27] Market Data and Key Metrics Changes - The company continues to expand its presence in the gaming and casinos vertical, with significant partnerships established with Choctaw Casinos and Maverick Gaming [13][14] - The hospitality industry is experiencing growth, with increasing demand for the company's products and solutions [23] Company Strategy and Development Direction - The company plans to launch the Agilysys Customer Engagement Suite in fiscal Q3, aimed at enhancing customer loyalty programs and self-service solutions [21] - There is a focus on increasing R&D resources while maintaining costs as a percentage of revenue, with the R&D team growing from approximately 230 to 650 personnel since 2017 [22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in raising revenue growth guidance for fiscal 2020 from 11% to 14%, citing increased business momentum [18][35] - The company anticipates that macroeconomic downturns may increase the demand for its software solutions, which enhance operational efficiencies [23] Other Important Information - The company has approximately 274,000 serviced rooms and 57,000 terminals, reflecting increases of 2% and 12% respectively compared to Q2 2019 [28] - The implementation of ASC 842, a new lease accounting standard, resulted in the recording of operating lease liabilities and right of use assets [33] Q&A Session Summary Question: What is the opportunity in the gaming market outside of Las Vegas? - Management indicated that there is significant opportunity in gaming both within and outside Las Vegas, with a focus on the non-gaming hospitality side of the business [40] Question: Any updates on international opportunities? - Management reported good progress in international markets, particularly in the APAC and EMEA regions, and plans to expand into Mexico and Latin America [43] Question: Update on the Indian Development Center? - The Indian Development Center currently has about 570 resources, with plans to continue hiring and expanding capacity [47][49]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2019 or ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________. Commission file number 0-5734 AGILYSYS, INC. (Exact name of registrant as specified in its charter) Ohio 34-0907152 ...