---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-117720"
form_type: "8-K"
ticker: "AGYS"
cik: "0000078749"
company_name: "AGILYSYS INC"
filed_at: "2024-10-28T23:59:59+00:00"
generated_at: "2026-05-30T09:53:08.375491+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Agilysys reports record Q2 revenue $68.3M, raises FY2025 guidance to $280-285M

## Summary
- Record revenue $68.3M (+16.5% YoY); subscription revenue up 36.6% to $25.0M (60.5% of recurring).
- Net income $1.4M ($0.05 diluted EPS) vs $4.1M ($0.16) YoY; adjusted EPS $0.34 vs $0.25.
- Adjusted EBITDA $12.2M (17.9% of revenue) vs $8.1M YoY; free cash flow $5.9M vs $2.5M.
- Full-year FY2025 revenue guidance raised to $280-285M; adjusted EBITDA margin guided to 18% (prior 16%).
- Cash balance $54.9M after $144.9M Book4Time acquisition and $49.7M debt proceeds.

## SEC filing metadata
- accession: 0000950170-24-117720
- form_type: 8-K
- ticker: AGYS
- cik: 0000078749
- company_name: AGILYSYS INC
- filed_at: 2024-10-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/78749/000095017024117720/0000950170-24-117720-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/78749/000095017024117720/agys-20241028.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-117720
- JSON: https://secwatch.observer/filing/0000950170-24-117720.json
- Plain text: https://secwatch.observer/filing/0000950170-24-117720.txt

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