---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-058643"
form_type: "8-K"
ticker: "AGYS"
cik: "0000078749"
company_name: "AGILYSYS INC"
filed_at: "2024-05-13T23:59:59+00:00"
generated_at: "2026-06-02T02:59:46.161407+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Agilysys Q4 revenue $62.2M, FY2024 record $237.5M; guides FY2025 $275-280M with 16% Adj. EBITDA margin

## Summary
- Q4 net revenue $62.2M (+17.6% YoY); subscription revenue +31.6% to 57% of recurring revenue.
- FY2024 full-year revenue $237.5M (+19.9%); record Adj. EBITDA $37.1M; free cash flow $40.1M.
- Net income $85.0M vs $12.7M prior year ($3.17 vs $0.49 diluted EPS); Adj. diluted EPS $1.10.
- FY2025 guidance: $275-280M revenue, subscription growth ≥27%, Adj. EBITDA at 16% of revenue.
- Record cash $144.9M at year-end; management cites completed product modernization as competitive edge.

## SEC filing metadata
- accession: 0000950170-24-058643
- form_type: 8-K
- ticker: AGYS
- cik: 0000078749
- company_name: AGILYSYS INC
- filed_at: 2024-05-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/78749/000095017024058643/0000950170-24-058643-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/78749/000095017024058643/agys-20240513.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-058643
- JSON: https://secwatch.observer/filing/0000950170-24-058643.json
- Plain text: https://secwatch.observer/filing/0000950170-24-058643.txt

## Key facts
- Earnings Releases
  AGILYSYS INC reported fiscal 2024 fourth quarter and full year ending March 31, 2024 results: revenue $62.2 million, net income $3.0 million, EPS $0.11 per diluted share. Guidance initiated.
  - Period: fiscal 2024 fourth quarter and full year ending March 31, 2024
  - Revenue: $62.2 million
  - Net income: $3.0 million
  - EPS: $0.11 per diluted share
  - Guidance: initiated
  - Result: reported results
  source text: for its fiscal 2024 fourth quarter and full year ending March 31, 2024. Summary of Fiscal 2024 Fourth Quarter Financial Results • Total net revenue increased 17.6% to a record $62.2 million compared to total net revenue of $52.9 million in the comparable prior-year period. • Recurring revenue (comprised of subscription and maintenance charges) was a record $36.6
  evidence_url: https://www.sec.gov/Archives/edgar/data/78749/000095017024058643/0000950170-24-058643-index.htm

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