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AGYS Agilysys News Story

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Agilysys Q3 revenue up 15.6%, beats estimates

Overview

Hospitality software provider's fiscal Q3 revenue rose 15.6%, beating analyst expectations

Adjusted EPS for fiscal Q3 missed analyst expectations

Company raised full-year fiscal 2026 revenue guidance to $318 mln

Outlook

Agilysys raises full-year fiscal 2026 revenue guidance to $318 mln

Company expects fiscal 2026 adjusted EBITDA at 20% of revenue

Agilysys anticipates 29% subscription revenue growth, excluding major PMS project

Result Drivers

SUBSCRIPTION REVENUE GROWTH - Subscription revenue increased 23.1% year-over-year, driving overall revenue growth

PROFESSIONAL SERVICES GROWTH - Professional services revenue grew 22% over the prior year due to effective implementation execution

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 RevenueBeat$80.40 mln$79.02 mln (7 Analysts)
Q3 Adjusted EPSMiss$0.42$0.46 (7 Analysts)
Q3 Net Income$9.90 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell" The average consensus recommendation for the software peer group is "buy" Wall Street's median 12-month price target for Agilysys Inc is $140.00, about 30.1% above its January 23 closing price of $107.63 The stock recently traded at 51 times the next 12-month earnings vs. a P/E of 57 three months ago Press Release: ID:nBw8KxD5Fa For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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