secwatch.observer — SEC 8-K summary
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Issuer:     AGILYSYS INC (AGYS)
CIK:        0000078749
Form:       8-K
Filed at:   2025-01-21T23:59:59+00:00
Accession:  0000950170-25-007218
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Agilysys Q3 FY2025 revenue $69.6M record; cuts FY2025 total revenue guidance to $273M
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- Record total revenue of $69.6M (+14.9% YoY); recurring revenue $44.4M (63.8% of total); subscription rev up 45.1%.
- Adjusted EBITDA $14.7M vs $11.8M; adjusted EPS $0.38 vs $0.35; GAAP net income $3.8M vs $76.9M (prior-year included tax benefits).
- FY2025 total revenue guidance revised to ~$273M; maintains at least 38% subscription revenue growth; adj. EBITDA margin 18%.
- Free cash flow $19.7M vs $11.3M; cash balance $60.8M.
- Challenges: slow POS bookings in managed food services due to modernization transition; professional services revenue normalized.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/78749/000095017025007218/0000950170-25-007218-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/78749/000095017025007218/agys-20250121.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-007218

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