Agilysys Inc reports results for the quarter ended in March - Earnings Summary

Agilysys

13/05/2024 22:37

* Agilysys Inc  AGYS.OQ  reported quarterly adjusted
earnings of
32 cents​​ per share for the quarter ended in March, higher than
the same quarter last year, when the company reported EPS of 26
cents.  The mean expectation of four analysts for the quarter
was for earnings of 28 cents per share. Wall Street expected
results to range from 24 cents to 35 cents per share.
    * Revenue rose 17.6% to $62.22 million from a year ago;
analysts
expected $61.95 million. 
    * Agilysys Inc's reported EPS for the quarter was 11 cents​.
    * The company reported quarterly net income of $2.96
million.
    * Agilysys Inc shares had fallen by 2.9% this quarter and
lost 3.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for Agilysys Inc is
$100.00 
This summary was machine generated from LSEG data May 13 at
09:37 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      0.28           0.32           Beat
 Dec. 31 2023      0.26           0.35           Beat
 Sep. 30 2023      0.19           0.25           Beat
 Jun. 30 2023      0.14           0.18           Beat