---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-020015"
form_type: "8-K"
ticker: "AGYS"
cik: "0000078749"
company_name: "AGILYSYS INC"
filed_at: "2022-10-25T23:59:59+00:00"
generated_at: "2026-06-23T01:29:41.893640+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Agilysys reports record Q2 revenue $47.7M (+26% YoY); EPS $0.12 vs $0.02; guides FY23 $190-195M

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-22-020015
- form_type: 8-K
- ticker: AGYS
- cik: 0000078749
- company_name: AGILYSYS INC
- filed_at: 2022-10-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/78749/000095017022020015/0000950170-22-020015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/78749/000095017022020015/agys-20221025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-020015
- JSON: https://secwatch.observer/filing/0000950170-22-020015.json
- Plain text: https://secwatch.observer/filing/0000950170-22-020015.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.