Agilysys: Q3 Earnings Insights

Shares of Agilysys AGYS were flat in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were up 360.00% year over year to $0.23, which beat the estimate of $0.21.

Revenue of $36,675,000 decreased by 12.65% year over year, which beat the estimate of $36,090,000.

Looking Ahead

Agilysys Sees Q4 Sales Flat On Quarter-Over-Quarter Basis, Adj. EBITDA ~$7M

Conference Call Details

Date: Jan 26, 2021

Time: 04:30 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/hr5yunuy

Recent Stock Performance

52-week high: $48.73

52-week low: $12.61

Price action over last quarter: Up 85.05%

Company Profile

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.