There’s been a significant divergence in the way in which large-cap stocks have performed versus their small-to-mid cap counterparts. More poignantly, U.S. equities performance is increasingly tied to how larger, well-known companies are doing. The way in which indices like the Nasdaq and S&P500 have risen against the Russell 2000 showcases this. The S&P500 currently leads the pack having risen nearly 7% on a year-to-date (YTD) basis. So far, the Nasdaq has risen 4%. On the other hand, the Russell 2000 inde ...

INCHEON, South Korea & ALPHARETTA, Ga.--(BUSINESS WIRE)--Agilysys, Inc. (NASDAQ: AGYS), a leading global provider of hospitality software solutions and services, announced that it has successfully implemented multiple state-of-the-art hospitality solutions on a unified cloud-based platform to optimize operations across Mohegan INSPIRE Entertainment Resort, South Korea's largest entertainment-integrated resort destination. Multiple Agilysys hospitality technology solutions designed to work together to del ...

Players in the Zacks Computer – Integrated Systems industry are grappling with persistent supply-chain bottlenecks. A challenging macroeconomic landscape with rising inflation is also a concern. Soaring prices and persistent delays in customer acceptance have resulted in high levels of backlog and cast a pall on the industry’s prospects. Nonetheless, International Business Machines (IBM) , Hewlett Packard Enterprise (HPE) and Agilysys (AGYS) are some participants to watch as they are benefiting from the ris ...

ALPHARETTA, Ga.--(BUSINESS WIRE)--Agilysys, Inc. (NASDAQ: AGYS) (“Agilysys,” “our” or the “Company”), a leading global provider of hospitality software solutions that deliver High Return Hospitality, today announced the pricing of the previously announced underwritten secondary offering of 867,729 shares of its common stock (the “Offering”) by certain investment funds managed by MAK Capital, resulting in gross proceeds to the selling stockholders of $72.7 million. Agilysys is not selling any shares in the O ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 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, 2023 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: 000-5734 AGILYSYS, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 34-0907152 (State or other jur ...

Agilysys, Inc (NASDAQ:AGYS) Q3 2024 Earnings Conference Call January 22, 2023 4:30 PM ET Company Participants Jessica Hennessy - Senior Director, Corporate Strategy and Investor Relations Ramesh Srinivasan - President and Chief Executive Officer Dave Wood - Chief Financial Officer Conference Call Participants Mayank Tandon - Needham Matthew VanVliet - BTIG George Sutton - Craig-Hallum Capital Nehal Chokshi - Northland Capital Markets Operator Good day, ladies and gentlemen, and Welcome to the Agilysys Fisca ...

For the quarter ended December 2023, Agilysys (AGYS) reported revenue of $60.57 million, up 21.3% over the same period last year. EPS came in at $0.35, compared to $0.26 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $60.03 million, representing a surprise of +0.90%. The company delivered an EPS surprise of +52.17%, with the consensus EPS estimate being $0.23.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...

Agilysys (AGYS) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.26 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 52.17%. A quarter ago, it was expected that this software provider for the lodging and leisure sectors would post earnings of $0.19 per share when it actually produced earnings of $0.25, delivering a surprise of 31.58%.Ov ...

ALPHARETTA, Ga.--(BUSINESS WIRE)--Agilysys, Inc. (NASDAQ: AGYS), a leading global provider of hospitality software solutions that deliver High Return Hospitality, today reported operating results for its fiscal 2024 third quarter ending December 31, 2023. Summary of Fiscal 2024 Third Quarter Financial Results Total net revenue increased 21.3% to a record $60.6 million, compared to total net revenue of $49.9 million in the comparable prior-year period. Recurring revenue (comprising subscription and ma ...

MELBOURNE, Australia--(BUSINESS WIRE)--Agilysys, Inc. (Nasdaq: AGYS), a leading global provider of hospitality software solutions and services, announced it is providing on-site premier support for the InfoGenesis point-of-sale (POS) system at Melbourne & Olympic Parks to ensure the 900,000-plus people expected to attend the 2024 Australian Open enjoy their food and beverage experiences. As host to a variety of popular sports and entertainment events throughout the year, and as one of the largest and mos ...