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Agilysys, Inc. (NASDAQ: AGYS) is a premier developer and marketer of innovative enterprise software, services, and solutions specifically tailored for the hospitality industry. The company excels in creating market-leading solutions including point-of-sale (POS), property management systems (PMS), inventory and procurement, workforce management, and mobile & wireless solutions. These offerings are designed to streamline operations, enhance efficiency, and significantly elevate the guest experience. Serving a diverse clientele such as casinos, resorts, hotels, foodservice venues, stadiums, and cruise lines, Agilysys operates extensively across North America, Europe, and Asia.
Headquartered in Alpharetta, GA, with APAC offices in Singapore, Hong Kong, and Malaysia, Agilysys is dedicated to providing high return hospitality through both cloud-native SaaS and on-premise solutions. The company's customer base includes branded and independent hotels, multi-amenity resorts, casinos, cruise lines, corporate dining providers, universities, stadiums, and healthcare facilities.
Agilysys is committed to innovation and customer-centric service, continuously evolving its offerings to meet industry demands. Recent milestones include providing on-site premier support for the InfoGenesis POS system at the 2024 Australian Open, ensuring exceptional food and beverage experiences for over 900,000 attendees. Financially, Agilysys reported a strong fiscal 2024 with total net revenue increasing 21.3% to a record $60.6 million, driven by significant subscription revenue growth and improved services efficiency. The company anticipates continued growth in fiscal 2025, projecting revenues between $275 million and $280 million with a focus on subscription revenue growth and adjusted EBITDA of 16%.
For more information, visit www.agilysys.com and follow Agilysys on Twitter at @agilysys.
Agilysys, Inc. (AGYS) announced that it will release its fiscal 2022 second quarter results on October 26, 2021, after market close. Following this, a conference call and webcast will be held at 4:30 p.m. ET to discuss the results, open to the public. Interested parties can join by calling 224-357-2393 or via a live webcast at Agilysys Investor Relations. Agilysys is a provider of cloud-native SaaS and on-premise solutions for the hospitality sector.
Agilysys, a leader in hospitality software, announced the launch of the modernized Agilysys Visual One PMS Version 12 at HITEC 2021 in Dallas. This upgrade offers both cloud and on-premise options, enhanced mobile support, and seamless integration capabilities. Visual One PMS Version 12 is designed to improve guest experience and operational efficiency with features like multi-property visibility, a configurable dashboard, and mobile check-in capabilities. This release reflects Agilysys' investment in R&D, ensuring customers benefit from advanced technology for property management.
Agilysys, Inc. (NASDAQ: AGYS) has announced the launch of IG 12UX, a modern client for its InfoGenesis POS, at HITEC in
Agilysys, a leading global provider of cloud-native hospitality solutions, has implemented its InfoGenesis POS system and Agilysys Pay at The King and Prince Beach & Golf Resort in St. Simons Island, GA. The resort aims to enhance operational efficiency and guest service with Agilysys's modern technology. The InfoGenesis POS system, known for its user-friendly interface and strong reporting features, is expected to reduce operational costs. Agilysys Pay enhances secure payment processing, providing peace of mind for guests.
Agilysys, Inc. (NASDAQ: AGYS) has announced the implementation of its cloud-native SaaS PMS solution Agilysys Stay at the Rise Uptown Hotel in Phoenix, AZ. This advanced property management system enhances guest interactions, improves operational efficiency, and drives revenue growth across various hotel types. The system's user-friendly design allows staff to focus on delivering a superior guest experience. Agilysys aims to increase adoption among properties of all sizes, fostering improved guest loyalty and operational performance.
Agilysys (NASDAQ: AGYS) announced an expanded partnership with Duetto, offering a two-way integration between Agilysys Stay PMS and Duetto's revenue optimization tools. This integration enhances Agilysys Stay's capabilities by providing high-quality data exchange, real-time revenue optimization, and rapid deployment. The collaboration aims to improve guest experiences while maximizing revenue for hospitality properties. Both companies have worked together since 2016, enhancing their offerings in personalized guest services and revenue strategies.
Agilysys, Inc. (Nasdaq: AGYS) has expanded its relationship with Aspen Snowmass by introducing IG OnDemand, a cloud-native SaaS food and beverage ordering and payment solution. This addition enhances guest self-service and encourages social distancing, allowing guests to place orders via their own devices. IG OnDemand not only improves guest safety but also increases revenue opportunities for Aspen Snowmass. The partnership aims to deliver a seamless contactless dining experience while optimizing operations and enhancing overall guest service.
Agilysys (Nasdaq: AGYS) announced that Town Hall Hotel in London has selected its advanced software solutions, including Agilysys Stay PMS and rGuest Express. The partnership aims to enhance guest experience by streamlining operations and improving staff training. The integrated suite is designed to provide a unified view of guest preferences and optimize operational efficiency. General Manager Lizzy Kelk highlighted the importance of a trusted partner for their technology investment. The collaboration is set to drive innovation and support future growth for the hotel.
Agilysys, a leader in hospitality software solutions, reported fiscal 2022 Q1 results with net revenue of $38.7 million, up from $29.8 million a year earlier. Recurring revenues were $23.2 million, accounting for 59.9% of total revenue. Subscription revenues rose 33.2% year-over-year. Gross margin improved to 64.2%. The company achieved net income of $1.5 million compared to a net loss of $(1.7 million) in the previous year. Adjusted EBITDA was $6.9 million. Agilysys maintains a full-year revenue guidance of $160 to $170 million.
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