Agilysys Q1 record revenue $63.5M, up 13.3%; net income $14.1M vs $1.1M

AGILYSYS INC

2024-Q1 EPS reported $0.50 revenue$63,512,000

Revenue $63.5M (record), +13.3% YoY; recurring revenue $38.0M, 59.9% of total.
Net income $14.1M ($0.50 diluted EPS) vs $1.1M ($0.04) prior year.
Adjusted EBITDA $12.1M (19% revenue) vs $6.3M; adjusted EPS $0.30 vs $0.18.
Subscription revenue +32.0% YoY; guidance FY2025 rev $275M-$280M.
Free cash flow $0.2M vs -$3.0M; cash $144.1M.

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