{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-022459","form_type":"8-K","ticker":"AGYS","cik":"0000078749","company_name":"AGILYSYS INC","filed_at":"2023-05-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.225673+00:00","generated_at":"2026-06-15T00:17:58.778142+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Agilysys reports record Q4 revenue $52.9M; guides FY2024 revenue $230-235M with 13% EBITDA margin","bullets":["Q4 revenue $52.9M (+13.6% YoY); full year revenue $198.1M (+21.8% YoY).","FY2023 GAAP EPS $0.49, adjusted diluted EPS $0.97; record adjusted EBITDA $30.3M.","FY2024 revenue guidance $230-235M with 25% YoY subscription growth; adjusted EBITDA at 13% of revenue (vs 15.3% in FY2023).","Subscription revenue grew 27.5% YoY to 49.2% of recurring revenue; record sales quarter in ACV.","Free cash flow $27.2M for FY2023; ending cash $112.8M."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-022459","json":"https://secwatch.observer/filing/0000950170-23-022459.json","markdown":"https://secwatch.observer/filing/0000950170-23-022459.md","text":"https://secwatch.observer/filing/0000950170-23-022459.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/78749/000095017023022459/0000950170-23-022459-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/78749/000095017023022459/agys-20230516.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T00:17:58.778142+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"21d0554d4bf6b4aae4f5658797f811eac4601206","claim":"AGILYSYS INC reported fiscal year ended March 31, 2023 results: revenue $198.1 million, net income $12.7 million, EPS $0.49 per diluted share.","evidence_excerpt":"Summary of Full Fiscal Year 2023 Financial Results • Total net revenue increased 21.8% to a record $198.1 million, compared to total net revenue of $162.6 million in the comparable prior-year period. • Recurring revenue (comprised of subscription and maintenance charges) was a record $118.3 million, or 59.7% of total net revenue compared to $99.0 million, or 60.8% of total net revenue for fiscal year 2022. Subscription revenue increased 27.5% year over year and was 49.2% of total recurring revenue compared to 46.1% of total recurring revenue in fiscal year 2022. • Gross margin was 61.0% in fiscal year 2023 compared to 62.4% in the comparable prior-year period. • Net income attributable to common shareholders in fiscal year 2023 was $12.7 million, or $0.49 per diluted share compared to $4.6 million, or $0.18 per diluted share in the comparable prior-year period.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/78749/000095017023022459/0000950170-23-022459-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year ended March 31, 2023"},{"label":"Revenue","value":"$198.1 million"},{"label":"Net income","value":"$12.7 million"},{"label":"EPS","value":"$0.49 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"35690f4969f5f5978b914ffe0c174ea87375b2dd","claim":"AGILYSYS INC reported fiscal 2023 fourth quarter results: revenue $52.9 million, net income $3.6 million, EPS $0.14 per diluted share.","evidence_excerpt":"Summary of Fiscal 2023 Fourth Quarter Financial Results • Total net revenue increased 13.6% to a record $52.9 million, compared to total net revenue of $46.6 million in the comparable prior-year period. • Recurring revenue (comprised of subscription and maintenance charges) was a record $31.4 million, or 59.3% of total net revenue compared to $26.6 million, or 57.1% of total net revenue for the same period in fiscal 2022. Subscription revenue increased 23.9% year over year and was 50.6% of total recurring revenue compared to 48.1% of total recurring revenue in the fourth quarter of fiscal 2022. • Gross margin was 60.8% in the fiscal 2023 fourth quarter compared to 59.5% in the comparable prior-year period. • Net income attributable to common shareholders in the fiscal 2023 fourth quarter was $3.6 million, or $0.14 per diluted share compared to $1.5 million, or $0.06 per diluted share in the comparable prior-year period.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/78749/000095017023022459/0000950170-23-022459-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal 2023 fourth quarter"},{"label":"Revenue","value":"$52.9 million"},{"label":"Net income","value":"$3.6 million"},{"label":"EPS","value":"$0.14 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"d69a4ad56c1fd4d5e85639699368900b27b0cae3","claim":"AGILYSYS INC reported fiscal 2024 results: revenue $230 to $235 million. Guidance initiated.","evidence_excerpt":"Fiscal 2024 Outlook We are expecting full year fiscal 2024 revenue to be $230 to $235 million, inclusive of 25% year-over-year subscription revenue growth. Adjusted EBITDA is expected to be 13% of revenue for the full fiscal year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/78749/000095017023022459/0000950170-23-022459-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal 2024"},{"label":"Revenue","value":"$230 to $235 million"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}