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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.

Rhea-AI Summary
Agilysys, Inc. (AGYS) will release its fiscal 2024 third quarter results after the market closes on Monday, January 22, 2024. The company will host a conference call and webcast at 4:30 p.m. ET that day, open to the public. Participants should register for the call using the provided URL. Interested parties can also listen to the conference call live via the Internet. An archived version of the webcast will be available for replay at the same location.
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Agilysys, Inc. (Nasdaq: AGYS) partners with Black Rock Oceanfront Resort to provide state-of-the-art hospitality solutions, aiming to elevate guest experiences and expand revenue. The resort invests in Agilysys solutions to streamline operations, improve guest engagement, and promote sustainability.
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Agilysys (AGYS) appoints Tony Marshall as Vice President and Managing Director for Asia Pacific to drive growth strategy and go-to-market execution across the region. With a 13% year-over-year growth in hotel occupancy levels in APAC reported in 2023, and further rise predicted in 2024, Agilysys aims to help hoteliers modernize their technology systems and exceed rising guest expectations.
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Community Health System (CHS) Implements Intuitive Mobile Food & Beverage Platform, Boosts Sales by 79%
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Agilysys, Inc. (Nasdaq: AGYS) has announced the mandatory conversion of its 5.25% Series A convertible preferred stock to common stock. The conversion will be effective on November 24, 2023, with the settlement scheduled for November 28, 2023. Shareholders have the option to convert their preferred shares to common shares before November 21, 2023. The conversion price is set at $20.1676 per common share.
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Kickapoo Lucky Eagle Casino & Hotel has invested in hospitality software solutions from Agilysys to optimize gaming and dining activities. Agilysys is known for improving efficiency and revenue for organizations. The solutions being deployed include point-of-sale systems, real-time reporting and analytics, mobile self-service food and beverage ordering, and guest-facing kiosks.
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Agilysys reports Q2 2024 financial results with total net revenue increasing by 22.8% to $58.6 million. Subscription revenue grows by 29.1% and gross margin is 59.9%. Adjusted EBITDA is $8.1 million and adjusted diluted EPS is $0.25 per share. Full year revenue guidance is raised to $235M to $238M with 28% subscription revenue growth.
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Agilysys to demonstrate hospitality software solutions at Global Gaming Expo
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Agilysys, Inc. to release fiscal 2024 Q2 results on October 23, 2023.
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Saratoga Casino Holdings implements Agilysys' POS solution at two casino sites and expands with acquisition of Magnolia Bluffs Casino Hotel
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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.

Agilysys, Inc.

Nasdaq:AGYS

AGYS Rankings

AGYS Stock Data

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