secwatch.observer — SEC 8-K summary
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Issuer:     AGILYSYS INC (AGYS)
CIK:        0000078749
Form:       8-K
Filed at:   2024-05-13T23:59:59+00:00
Accession:  0000950170-24-058643
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/78749/000095017024058643/0000950170-24-058643-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/78749/000095017024058643/agys-20240513.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-058643

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