secwatch.observer — SEC 8-K summary
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Issuer:     AGILYSYS INC (AGYS)
CIK:        0000078749
Form:       8-K
Filed at:   2023-05-16T23:59:59+00:00
Accession:  0000950170-23-022459
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Agilysys reports record Q4 revenue $52.9M; guides FY2024 revenue $230-235M with 13% EBITDA margin
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/78749/000095017023022459/0000950170-23-022459-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/78749/000095017023022459/agys-20230516.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-022459

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer