Agilysys, Inc. Reports Earnings Results for the First Quarter Ended June 30, 2024
July 22, 2024 at 04:05 pm EDT
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Agilysys, Inc. reported earnings results for the first quarter ended June 30, 2024. For the first quarter, the company reported revenue was USD 63.51 million compared to USD 56.06 million a year ago. Net income was USD 14.11 million compared to USD 1.55 million a year ago.
Basic earnings per share from continuing operations was USD 0.52 compared to USD 0.04 a year ago. Diluted earnings per share from continuing operations was USD 0.5 compared to USD 0.04 a year ago.
Agilysys, Inc. is a provider of hospitality software that delivers cloud-native software-as-a-service (SaaS) and on-premises solutions for hotels, resorts, cruise lines, casinos, corporate foodservice management, restaurants, universities, stadiums, and healthcare. It offers software solutions to the hospitality industry, including point-of-sale (POS), property management systems (PMS), inventory and procurement, payments, and related applications, to manage the entire guest journey. It develops and markets software-enabled solutions and services for the hospitality industry, including software solutions integrated with third-party hardware and operating systems; subscriptions and maintenance; and professional services. POS solutions include InfoGenesis, IG Flex, IG Kiosk, IG KDS, IG OnDemand, IG Quick Pay, IG Smart Menu, IG PanOptic Kiosk, and IG Digital Menu Board. PMS solutions include Agilysys LMS, Agilysys Versa, Agilysys Stay, and others. It also offers spa management software.
