earnings
confidence high
sentiment positive
materiality 0.75
Agilysys reports record Q2 revenue $47.7M (+26% YoY); EPS $0.12 vs $0.02; guides FY23 $190-195M
AGILYSYS INC
2022-Q2 EPS reported
$0.22
revenue$95,248,000
- Total net revenue $47.7M (record), up 26% YoY; recurring revenue $29.0M, subscription up 28.6%.
- GAAP net income $3.1M ($0.12 diluted EPS) vs $0.5M ($0.02) prior year; adjusted EPS $0.24.
- Adjusted EBITDA $7.4M vs $6.3M prior year; free cash flow $2.3M; cash $96.2M.
- FY2023 guidance reiterated: revenue $190-195M, >15% adjusted EBITDA, ~30% subscription growth.
- Gross margin 61.5% vs 64.0% prior year; one-time revenue up 35% YoY.