Agilysys: Q1 Earnings Insights

Shares of Agilysys AGYS were flat in after-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share increased 214.29% year over year to $0.08, which beat the estimate of ($0.02).

Revenue of $29,807,000 decreased by 22.36% year over year, which beat the estimate of $25,820,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Q2 revenue expected to be between $34,278,000 and $34,278,000.

Details Of The Call

Date: Jul 28, 2020

Time: 04:30 PM

ET Webcast URL: https://www.agilysys.com/en/company/news-and-events?month=7&year=2020

Recent Stock Performance

Company's 52-week high was at $37.17

Company's 52-week low was at $12.61

Price action over last quarter: down 8.73%

Company Description

Agilysys Inc develops industry-specific technology solutions to help manage businesses. The firm offers technological solutions to control business operations, including property management, point-of-sale, dining reservations, inventory and procurement, analytics, labor management, self-service, and document management. It serves four major market sectors: gaming; hotels, resorts and cruise, foodservice management, stadia and healthcare. The majority of the revenues are generated through contract support, maintenance and subscription services it provides. Agilysys operates its business throughout North America, Europe, and Asia, with corporate services located in Georgia, US and offices in Singapore, Hong Kong and Malaysia.