secwatch.observer — SEC 8-K summary
======================================

Issuer:     AGILYSYS INC (AGYS)
CIK:        0000078749
Form:       8-K
Filed at:   2024-10-28T23:59:59+00:00
Accession:  0000950170-24-117720
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/78749/000095017024117720/0000950170-24-117720-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/78749/000095017024117720/agys-20241028.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-117720

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