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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Agilysys, Inc. - AGYS
AgilysysAgilysys(US:AGYS) GlobeNewswire News Room·2025-04-25 16:31

Core Viewpoint - Pomerantz LLP is investigating potential securities fraud and unlawful business practices involving Agilysys, Inc. and its executives, following disappointing financial results and a significant stock price drop [1][3]. Financial Performance - On January 21, 2025, Agilysys reported third quarter revenue that was below market expectations and the company's own guidance, leading to a downward revision of its full-year 2025 revenue outlook [3]. - The CEO acknowledged underestimating sales challenges related to the point-of-sale (POS) segment and noted that the year "could have been a lot better" [3]. - Following the announcement, Agilysys's stock price fell by $25.23 per share, or 20.04%, closing at $100.67 per share on January 22, 2025 [3]. Legal Investigation - Pomerantz LLP is actively investigating claims on behalf of Agilysys investors regarding possible securities fraud or other unlawful practices by the company and its officers [1].