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Agilysys - AGYS STOCK NEWS

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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.

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Agilysys, Inc. (Nasdaq: AGYS) reported a fiscal 2021 fourth quarter net revenue of $36.3 million, an 8% decrease from $39.7 million in the prior year. Recurring revenues increased to $22.9 million, representing 63.1% of total revenue. The company reported a net loss of $(24.7) million, or $(1.05) per diluted share, but improved adjusted diluted EPS to $0.21 from $0.05. Free cash flow rose to $13.0 million, with an ending cash balance of $99.2 million. Agilysys anticipates fiscal 2022 revenue between $160-$170 million, signaling a growth of 16-24% over fiscal 2021.

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Agilysys, Inc. (AGYS) will release its fiscal 2021 fourth quarter results on May 18, 2021, after market closure. A conference call and webcast will follow at 4:30 p.m. ET, open to the public. Participants can join the call by dialing 224-357-2393 and using the conference ID 9163587. An archived version of the webcast will be available for replay afterwards. Agilysys, a leader in hospitality software for over 40 years, provides innovative cloud-native SaaS solutions for various sectors including hotels, gaming, and restaurants, aiming to enhance guest satisfaction and operational efficiency.

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Agilysys, Inc. (Nasdaq: AGYS) has announced that Three Forks Ranch will implement its cloud-native SaaS solutions, including Stay PMS, Spa, Seat, InfoGenesis POS, and Eatec for inventory management. This selection aligns with the resort's goal to enhance guest interactions and streamline operations. The integrated solution suite will provide staff access to guest preferences throughout the guest journey, aiming to improve guest management and deliver a 5-star experience. This partnership highlights Agilysys' commitment to innovation in the hospitality sector.

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Agilysys (Nasdaq: AGYS) announced the implementation of its InfoGenesis cloud-native SaaS POS solutions at the University of Texas Southwestern Medical Center. This includes InfoGenesis POS, IG Buy self-service kiosks, IG OnDemand mobile ordering, and Agilysys Pay for secure payment processing. The move aims to enhance dining services by offering modern, contactless options amidst growing safety concerns. UTSW, a leading academic institution in Texas, has established a strong partnership with Agilysys and Sodexo, focusing on innovative, efficient solutions for its 2.7 million annual outpatient visits.

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Agilysys (Nasdaq: AGYS) announces an expanded partnership with Coeur d’Alene Casino Resort Hotel, integrating Agilysys Golf and rGuest Book solutions to enhance golf management and player experiences at Circling Raven Golf Club. The innovative solutions streamline operations, enabling easy tee-time bookings and robust player management. Agilysys Golf integrates with existing systems for data sharing, optimizing guest interactions. The collaboration emphasizes Agilysys' commitment to improving operational efficiencies and guest experiences in hospitality.

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Agilysys (Nasdaq: AGYS) has launched its Agilysys Digital Marketing, a cloud-native hospitality marketing automation solution designed for personalized guest engagement. This solution facilitates email and SMS marketing, allowing hospitality providers to segment guests and deliver targeted communications at various stages of their journey. Key features include guest surveys, personalized offers, and targeted marketing campaigns. Dr. Prabuddha Biswas emphasized that the tool enhances revenue opportunities and guest connections, with multiple customer properties already utilizing the solution.

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Agilysys, Inc. (Nasdaq: AGYS) announced that Boyne Resorts has adopted the Agilysys InfoGenesis POS solutions to enhance guest services and improve operations while maintaining safety through contactless options. Boyne, operating eleven resorts and ski areas, aims for fast service with mobile tablet solutions allowing guests to order and pay via their devices. The implementation is expected to create more revenue opportunities while ensuring guest safety and satisfaction. Agilysys continues to expand its influence in the hospitality sector with innovative cloud-native solutions.

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Agilysys (Nasdaq: AGYS) partners with CITCON to enhance mobile wallet payment solutions for global hospitality providers. This collaboration aims to meet the growing demand for mobile payments, particularly from non-U.S. customers, facilitating cashless transactions through platforms like PayPal, Venmo, Alipay, and WeChat Pay. The partnership is expected to position Agilysys clients as leaders in health and safety through contactless transactions. Agilysys has over 40 years of experience delivering software solutions for the hospitality industry, aiming to improve guest loyalty and operational efficiency.

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Agilysys, a global leader in hospitality software, announced its new Loyalty & Promotions module for Agilysys Engage. This addition aims to enhance guest engagement by allowing operators to implement tailored loyalty programs and targeted promotions based on guest preferences. Key features include multiple guest types, program tiers to reward frequent patrons, flexible redemption options, and a self-service portal. The initiative supports Agilysys' strategy to capture greater wallet share and foster emotional connections with guests, driven by increased R&D investment.

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Agilysys, a leader in hospitality software, announced that Hotel Effie Sandestin in Florida has selected its InfoGenesis POS solution and Agilysys Pay Connect for improved guest experiences. The hotel, with 250 rooms and various amenities, aims to enhance operational efficiency and guest service through Agilysys' modern technology. InfoGenesis POS supports multiple devices and offers robust reporting features, while Agilysys Pay Connect facilitates secure payment processing. This partnership signifies Agilysys' commitment to innovation in hospitality technology.

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FAQ

What is the current stock price of Agilysys (AGYS)?

The current stock price of Agilysys (AGYS) is $77.54 as of February 21, 2025.

What is the market cap of Agilysys (AGYS)?

The market cap of Agilysys (AGYS) is approximately 2.3B.

What does Agilysys, Inc. specialize in?

Agilysys, Inc. specializes in enterprise software, services, and solutions for the hospitality industry, including POS, PMS, inventory and procurement, and workforce management solutions.

Who are the primary clients of Agilysys?

Agilysys serves casinos, resorts, hotels, foodservice venues, stadiums, and cruise lines across North America, Europe, and Asia.

Where is Agilysys headquartered?

Agilysys is headquartered in Alpharetta, GA, with additional APAC offices located in Singapore, Hong Kong, and Malaysia.

What recent achievement is notable for Agilysys?

A recent notable achievement for Agilysys is providing on-site premier support for the InfoGenesis POS system at the 2024 Australian Open, serving over 900,000 attendees.

How did Agilysys perform financially in fiscal 2024?

Agilysys reported a 21.3% revenue increase to a record $60.6 million for fiscal 2024, fueled by subscription revenue growth and improved services efficiency.

What are Agilysys’ financial projections for fiscal 2025?

Agilysys projects fiscal 2025 revenues to range between $275 million and $280 million, with a focus on achieving 16% adjusted EBITDA.

What makes Agilysys’ solutions significant in the hospitality industry?

Agilysys’ solutions are significant for their ability to streamline operations, enhance efficiency, and improve the overall guest experience, making 'personal' interactions profitable.

What is Agilysys’ approach to customer service?

Agilysys is known for its customer-centric service, providing direct implementation, performance optimization, and on-site support to ensure optimal system operations and guest satisfaction.

How does Agilysys innovate in the hospitality technology space?

Agilysys leverages cloud-native SaaS and on-premise solutions to continually enhance their offerings, incorporating the latest technological advancements to meet evolving industry needs.

Where can more information about Agilysys be found?

More information about Agilysys can be found on their official website www.agilysys.com and through their Twitter handle @agilysys.
Agilysys

Nasdaq:AGYS

AGYS Rankings

AGYS Stock Data

2.26B
26.47M
4.75%
95.27%
4.21%
Software - Application
Services-computer Integrated Systems Design
Link
United States
ALPHARETTA