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.
The Goldwynn Resort & Residences in Nassau, Bahamas, has partnered with Agilysys (NASDAQ: AGYS) for innovative hospitality technology to enhance guest experiences. The luxury resort, which opened in February 2023, aims to provide exceptional service through advanced property management and point-of-sale systems. Agilysys offers award-winning solutions designed to optimize staff engagement and guest satisfaction, contributing to increased revenue and operational efficiency. This collaboration is expected to set a high standard in the competitive luxury travel market.
Agilysys, a leader in hospitality software solutions, will be participating in the Indian Gaming Tradeshow & Convention from March 27-30 in San Diego. Ryan Carrier, the Director of Tribal Casino Resorts, will discuss the pressing issue of labor shortages in the industry during a notable session titled 'The Labor Crisis: Mastering Recruiting and Retention' on March 28. Carrier emphasizes the role of innovative technology in improving staff engagement and guest experiences. Agilysys' solutions, such as AI-powered self-service kiosks and digital menus, aim to enhance operational efficiency and revenue opportunities for casino operators, addressing current labor challenges effectively.
Agilysys, Inc. (NASDAQ: AGYS) has partnered with Serco Leisure Operating Limited to implement cloud-based hospitality solutions, enhancing guest and employee experiences. The collaboration aims to optimize Return on Experience (ROE), a measure of technology's impact on customer engagement. Agilysys will provide various solutions, including a property management system and booking tools, across Serco's 550-bed estate. This initiative is set to scale globally, as Serco Leisure enhances operations in North America, Asia-Pacific, and the Middle East.
FAQ
What is the current stock price of Agilysys (AGYS)?
What is the market cap of Agilysys (AGYS)?
What does Agilysys, Inc. specialize in?
Who are the primary clients of Agilysys?
Where is Agilysys headquartered?
What recent achievement is notable for Agilysys?
How did Agilysys perform financially in fiscal 2024?
What are Agilysys’ financial projections for fiscal 2025?
What makes Agilysys’ solutions significant in the hospitality industry?
What is Agilysys’ approach to customer service?
How does Agilysys innovate in the hospitality technology space?