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 hospitality software company whose news flow centers on product innovation, customer deployments, financial performance and industry recognition. Because the company focuses exclusively on hospitality technology, many updates highlight how its property management, point-of-sale, food and beverage, booking and guest experience solutions are adopted by hotels, resorts, casinos and other hospitality organizations.
On this page, readers can follow AGYS news covering new customer wins and go-lives, such as multi-solution deployments at destinations like YMCA of the Rockies, Streamsong Resort and the Saskatchewan Indian Gaming Authority’s casino properties. These announcements often describe how Agilysys software is used to modernize operations across lodging, dining, activities, retail and payments, and how integrated workflows support both staff efficiency and guest experiences.
Investors and industry professionals can also review earnings-related press releases and conference call notices, where Agilysys discusses quarterly results, revenue composition, subscription growth and outlook. Additional items include product approvals with major hotel groups, awards such as the Gaming & Leisure Gaming & Hospitality Platinum Award for Agilysys Book with S.P.E.N.D. technology, and research publications like the 2025 Foodservice Management Industry Impact Study.
By monitoring the AGYS news feed, readers gain insight into how Agilysys expands its hospitality software ecosystem, where its solutions are being implemented, and how management communicates strategy and performance. Bookmark this page to quickly access the latest company announcements, financial updates and sector-specific technology developments related to Agilysys.
Agilysys (Nasdaq: AGYS), a leading provider of hospitality software solutions, will participate in the 19th Annual Needham Technology, Media & Consumer Conference in New York City from May 14-16, 2024. May 14-15 will be in-person, while May 16 will be virtual. Chief Financial Officer Dave Wood will host one-on-one meetings with investors and analysts and participate in a fireside chat on May 15. Agilysys released its fiscal 2024 Q4 and full-year results on May 13, 2024. Presentation materials and the earnings call replay are available on the Agilysys Investor Relations webpage.
Agilysys reported record revenues for fiscal 2024, with Q4 revenue at $62.2M, up 17.6% YoY, and annual revenue at $237.5M, up 19.9% YoY. Recurring revenue was $138.1M, with subscription revenue growing by 29.6%. Adjusted EBITDA for the year was $37.1M, and free cash flow was $40.1M. Net income for Q4 was $3.0M or $0.11 per share, down from $3.6M in the prior year, while full-year net income was $85.0M or $3.17 per share, up from $12.7M. Gross margin for Q4 was 61.5%. The company anticipates fiscal 2025 revenue of $275M-$280M, with adjusted EBITDA at 16% of revenue.
Agilysys, Inc. (NASDAQ: AGYS) announced that Marriott International has approved their cloud-native InfoGenesis® Point-of-Sale platform for use in their properties across the U.S. and Canada. This platform will be available in Marriott's Luxury, Premium, and Select tiers, providing efficiency, flexibility, and convenience for operators and guests.
Agilysys, Inc. (NASDAQ: AGYS) will report its fiscal 2024 fourth quarter results on May 13, 2024, and host a conference call and webcast. The call is open to the public, with registration required. Participants can listen to the call live online and access the archived version later.
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