Agilysys, Inc. (AGYS) Releases Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Agilysys, Inc. (NASDAQ:AGYS) posted its quarterly earnings results on Wednesday. The software maker reported ($0.14) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.01), RTT News reports. Agilysys had a negative return on equity of 10.70% and a negative net margin of 9.48%. The company had revenue of $30.13 million for the quarter. During the same quarter in the previous year, the company posted ($0.11) EPS.

In related news, Director Keith M. Kolerus acquired 9,934 shares of Agilysys stock in a transaction dated Friday, September 15th. The shares were acquired at an average cost of $10.57 per share, for a total transaction of $105,002.38. Following the completion of the transaction, the director now directly owns 145,245 shares of the company’s stock, valued at $1,535,239.65. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 34.70% of the stock is owned by corporate insiders.

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Separately, TheStreet upgraded Agilysys from a “d+” rating to a “c-” rating in a report on Monday, August 14th.

Agilysys Company Profile

Agilysys, Inc is a technology company. The Company provides software for point-of-sale (POS), property management, inventory and procurement, workforce management, analytics, document management, and mobile and wireless solutions and services to the hospitality industry. The Company serves four market sectors: gaming, both corporate and tribal; hotels, resorts and cruise; foodservice management, and restaurants, universities, stadia and healthcare.

Earnings History for Agilysys (NASDAQ:AGYS)

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