Agilysys Q3 revenue rises 26.5% to record $49.9M; raises FY2023 guidance to $195-198M

AGILYSYS INC

2022-Q3 EPS reported $0.35 revenue$145,168,000

Net income attributable to common shareholders $3.4M ($0.13 diluted EPS); adjusted diluted EPS $0.26.
Recurring revenue record $30.2M (60.4% of total); subscription revenue up 28.8% YoY.
Adjusted EBITDA $8.1M (16.1% of revenue); free cash flow $11.7M.
Full-year revenue guidance raised to $195-198M; reiterates adjusted EBITDA >15% of revenue.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

AGILYSYS INC reported fiscal 2023 third quarter and period ended December 31, 2022 results: revenue $49.9 million, net income $3.4 million, EPS $0.13 per diluted share. Guidance raised.

Period: fiscal 2023 third quarter and period ended December 31, 2022
Revenue: $49.9 million
Net income: $3.4 million
EPS: $0.13 per diluted share
Guidance: raised
Result: reported results

Exact text from the filing

for its fiscal 2023 third quarter and period ended December 31, 2022. Summary of Fiscal 2023 Third Quarter Financial Results • Total net revenue increased 26.5% to a record $49.9 million, compared to total net revenue of $39.5 million in the comparable prior-year period. • Recurring revenue (comprised of subscription and maintenance charges) was a record $30.2

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Source: SEC EDGAR

accession 0000950170-23-001083

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