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Agilysys, Inc. - AGYS STOCK NEWS

Welcome to our dedicated page for Agilysys news (Ticker: AGYS), a resource for investors and traders seeking the latest updates and insights on Agilysys stock.

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.

News

Agilysys Expands InfoGenesis® Point-of-Sale Portfolio With IG Fly™ Mobile All-In-One Ordering And Payment Solution

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Agilysys, Inc. (AGYS) expands its InfoGenesis Point-of-Sale portfolio with the launch of IG Fly, a mobile all-in-one ordering and payment solution. The new solution offers integrated credit card payments, built-in printer, scanner, and Magnetic Stripe Reader, enhancing staff flexibility, efficiency, and customer service. IG Fly retains all the robust enterprise-level POS functionality while enabling staff to serve customers 'on the fly' across dining and retail venues. The initial launch partner for IG Fly is Shift4, with more payment providers to follow. The solution aims to improve customer service, streamline operations, and enhance overall user experience.
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Agilysys Spa Debuts Revenue Optimization Enhancements Powered By Agilysys guestsense.ai At ISPA 2024

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Agilysys, Inc. (NASDAQ: AGYS) debuts revenue optimization enhancements at ISPA 2024 with AI-powered features in Agilysys Spa. The new capabilities, powered by guestsense.ai, include Minimum Gap Restrictions, Revenue Management, and Conversational Reservations, aiming to increase revenue and profitability for spa operations.
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South Korea’s Mohegan INSPIRE Entertainment Resort Is Live With State-of-the-Art Property Management And Point-Of-Sale Hospitality Software Solutions From Agilysys

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Agilysys, Inc. (AGYS) successfully implements multiple state-of-the-art hospitality solutions at Mohegan INSPIRE Entertainment Resort in South Korea, driving operational efficiency and revenue opportunities.
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Longhorn Hotel & Casino Elevates Staff and Guest Experiences, Integrates Hotel and Casino Operations and Improves Reporting Insights Using Agilysys Hospitality Software

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Longhorn Hotel & Casino in Las Vegas modernizes its technology with Agilysys solutions to enhance guest experiences and increase revenue share while remaining cost-effective.
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Agilysys Announces Pricing of Secondary Offering of Common Stock by Selling Stockholders

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Agilysys, Inc. (NASDAQ: AGYS) announces the pricing of an underwritten secondary offering of 867,729 shares of its common stock, resulting in gross proceeds of $72.7 million. The Offering is by certain investment funds managed by MAK Capital, with Agilysys not selling any shares and not receiving any proceeds from the sale. The Offering is expected to close on February 20, 2024, with BTIG, LLC acting as the sole underwriter.
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Agilysys Announces Secondary Offering of Common Stock by Selling Stockholders

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Agilysys, Inc. (AGYS) commences a public offering of 867,729 shares of its common stock by investment funds managed by MAK Capital. Agilysys will not receive any proceeds from the sale. The Offering is being underwritten by BTIG, LLC and made pursuant to an effective shelf registration statement filed with the SEC. Interested parties can obtain copies of the prospectus through the SEC's website or BTIG, LLC. This press release does not constitute an offer to sell securities.
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Agilysys Grows Third Quarter Revenue 21% to Record $60.6M

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Agilysys, Inc. (AGYS) reported a 21.3% increase in total net revenue to a record $60.6 million for the fiscal 2024 third quarter. Subscription revenue grew by 29.9%, reaching $35.1 million, while Adjusted EBITDA was $11.8 million and Adjusted EPS was $0.35. The company raised its full fiscal year Adjusted EBITDA guidance to 15% of revenue.
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Agilysys Provides On-Site Premier POS Service to Ensure Exceptional Fan Experiences at The Australian Open Tennis Tournament

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Agilysys, Inc. is providing on-site premier support for the InfoGenesis point-of-sale system at Melbourne & Olympic Parks to ensure an exceptional food and beverage experience for the expected 900,000-plus attendees of the 2024 Australian Open. The company's IG OnDemand solution allows for mobile concession ordering and delivery, as well as contactless payments, to enhance fan experience. Agilysys' POS experts and service teams are on-site throughout the event to provide instant assistance and ensure optimal system efficiency and performance under heightened demand.
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Just 27% of UK travellers have rebooked the same hotel due to the cost-of-living crisis

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Agilysys (AGYS) announces the results of the 2023 UK Hospitality Impact Study, revealing that just 27% of UK travelers have rebooked a hotel in the last year. The study also highlights the impact of the cost-of-living crisis on leisure spending and travel patterns, emphasizing the need for hotels to provide a seamless guest experience through technology and personalized service. The report underscores the importance of reducing wait times, tailoring experiences, and implementing strong loyalty programs to increase guest retention and returns. It also emphasizes the role of technology in empowering staff to create unforgettable memories and lasting connections with guests, ultimately boosting economic returns.
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Grand Casino Hotel Resort Elevates Operations, Enhances Guest Experience and Streamlines Infrastructure With Agilysys Solutions

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Grand Casino Hotel Resort (NASDAQ: AGYS) in Oklahoma invests in cloud-native solutions from Agilysys to enhance guest experience and operational efficiency.
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FAQ

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

The current stock price of Agilysys (AGYS) is $137.31 as of November 22, 2024.

What is the market cap of Agilysys (AGYS)?

The market cap of Agilysys (AGYS) is approximately 3.8B.

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.

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Agilysys, Inc.

Nasdaq:AGYS

AGYS Rankings

#1499 Ranked by Market Cap
N/A Ranked by Dividends

AGYS Stock Data

3.79B
26.60M
4.76%
95.39%
2.54%
Software - Application
Services-computer Integrated Systems Design
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United States of America
ALPHARETTA