secwatch.observer — SEC 8-K summary
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Issuer:     AGILYSYS INC (AGYS)
CIK:        0000078749
Form:       8-K
Filed at:   2025-10-27T23:59:59+00:00
Accession:  0001193125-25-251570
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Agilysys posts Q2 record revenue $79.3M, raises FY2026 revenue guidance to $315-318M
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- Revenue $79.3M (+16.1% YoY), 15th consecutive record quarter; net income $11.7M vs $1.4M last year.
- Subscription revenue up 33.1% YoY, now 65.5% of recurring revenue; recurring revenue 64.3% of total.
- Adjusted EBITDA $16.4M (20.6% margin), adjusted EPS $0.40; free cash flow $15.0M, ending cash $59.3M.
- Full-year revenue guidance raised to $315-318M; subscription growth guidance raised to 29% from 27%.
- CEO cites strong sales momentum and record backlogs; large PMS project still excluded from guidance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/78749/000119312525251570/0001193125-25-251570-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/78749/000119312525251570/agys-20251027.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-251570

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