secwatch.observer — SEC 8-K summary
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Issuer:     AGILYSYS INC (AGYS)
CIK:        0000078749
Form:       8-K
Filed at:   2024-07-22T23:59:59+00:00
Accession:  0000950170-24-085249
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/78749/000095017024085249/0000950170-24-085249-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/78749/000095017024085249/agys-20240722.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-085249

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