Recent Updates — AGYS

Agilysys reported fiscal 2027 second-quarter net revenue of $93.4 million, a 17.7% increase from the prior year period, driven by a 32.6% rise in subscription revenue to $62.2 million. Net income was $13.2 million, or $0.46 per diluted share, compared to $11.7 million, or $0.41 per diluted share, in the comparable prior-year quarter. Adjusted EBITDA rose 47% to $24.1 million. The company raised its full-year fiscal 2027 total revenue guidance to a range of $374 million to $378 million and increased subscription revenue growth expectations to at least 34%. Agilysys is a global provider of hospitality software solutions and services.

Agilysys, Inc. reported record first quarter fiscal 2027 revenue of $87.7 million, a 14.3% year-over-year increase. The company raised its full-year fiscal 2027 total revenue guidance to a range of $368 million to $373 million and increased its subscription revenue growth guidance to at least 32%. Net income for the quarter was $9.0 million, or $0.32 per diluted share, while adjusted EBITDA was $18.3 million. Agilysys, Inc. provides hospitality software solutions and services globally.

Agilysys, Inc. entered into a new three-year employment agreement with CEO and President Ramesh Srinivasan on June 18, 2026. The agreement includes a $600,000 annual base salary, an annual target bonus of 100% of base salary with a maximum of 150%, and a $6,800,000 RSU grant of 78,269 units. Agilysys, Inc. provides hospitality technology solutions and software services.