Don DeMarinis
On July 23, 2024, Don DeMarinis, Senior Vice President Sales, Americas and EMEA, of Agilysys, Inc. (the “Company”), notified the Company of his intention to retire effective as of August 30, 2024.
Highest-materiality recent filing
Agilysys reports record Q1 revenue of $87.7M, raises FY2027 guidance
Total revenue $87.7M (+14.3% YoY); net income $9.0M ($0.32 diluted EPS).
Agilysys enters new 3-year CEO employment agreement with Ramesh Srinivasan; $6.8M RSU grant
Base salary remains $600,000/year; target bonus 100% of base salary, max 150%, paid in stock.
Slide presentation titled 'Q4 & Full Fiscal Year 2026' furnished as Exhibit 99.1 under Regulation FD.
Agilysys reports 17th consecutive record revenue quarter of $82.9M; FY2026 revenue $319.3M
Q4 revenue $82.9M (+11.7% YoY); full year revenue $319.3M (+15.9% YoY).
Agilysys furnishes investor slide presentation for Q3 FY2026
Slide presentation furnished as Exhibit 99.1, titled 'INVESTOR PRESENTATION Q3 Fiscal Year 2026'.
Agilysys Q3 revenue record $80.4M (+15.6% YoY), raises FY guidance to $318M
Net income $9.9M ($0.35 diluted EPS) vs $3.8M ($0.14) prior year.
Agilysys furnishes Q2 FY2026 investor presentation; no financial details disclosed
Company filed an investor presentation covering Q2 fiscal year 2026 results.
Agilysys posts Q2 record revenue $79.3M, raises FY2026 revenue guidance to $315-318M
Revenue $79.3M (+16.1% YoY), 15th consecutive record quarter; net income $11.7M vs $1.4M last year.
Agilysys shareholders elect all 8 directors, approve say-on-pay, ratify auditors
All 8 director nominees elected with votes ranging from 23.3M to 24.6M for; Lisa Pope received highest support (24.6M for).
Agilysys publishes Q1 FY2026 investor presentation; no specific results in filing text
Agilysys furnished an investor slide presentation under Item 7.01 for Q1 fiscal year 2026.
Agilysys Q1 FY2026 revenue record $76.7M (+20.7%); raises FY subscription growth guidance to 27%
Revenue $76.7M (record, +20.7% YoY); subscription revenue +44.3% to $31.9M; recurring revenue 63.4% of total.
Agilysys furnishes investor presentation for Q4 and FY2025; details not provided in filing
Presentation covers Q4 and full fiscal year 2025 results.
Agilysys reports record Q4 revenue $74.3M (+19.4% YoY); guides FY2026 rev $308-312M
Q4 revenue record $74.3M (+19.4% YoY); recurring rev $46.2M (62.2% of rev); subscription rev +42.7%.
Agilysys furnishes Q3 FY2025 investor presentation; no financial details in filing
Filed an investor slide presentation for Q3 fiscal year 2025 under Item 7.01.
Agilysys Q3 FY2025 revenue $69.6M record; cuts FY2025 total revenue guidance to $273M
Record total revenue of $69.6M (+14.9% YoY); recurring revenue $44.4M (63.8% of total); subscription rev up 45.1%.
Agilysys appoints Lisa Pope to Board of Directors, expanding board to eight members
Board increased from seven to eight directors; Lisa Pope appointed to fill new directorship.
Agilysys files 8-K furnishing November 2024 investor presentation
On November 21, 2024, Agilysys (AGYS) filed a Form 8-K to furnish a slide presentation.
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).
Agilysys files investor presentation; no financial specifics provided in exhibits
Presentation titled 'Q1 Fiscal Year 2025' released on September 24, 2024.
All 7 director nominees elected: Donald Colvin, Dana Jones, Jerry Jones, Michael Kaufman, Melvin Keating, John Mutch, Ramesh Srinivasan.
Agilysys acquires Book4Time for $150M cash, expands spa management SaaS leadership
Total consideration $150M cash, funded by cash on hand and $50M drawn from a new $75M credit facility with Bank of America.
Agilysys SVP Sales Don DeMarinis to retire effective August 30, 2024
Don DeMarinis, SVP Sales Americas and EMEA, notified retirement on July 23, 2024.
Agilysys Q1 record revenue $63.5M, up 13.3%; net income $14.1M vs $1.1M
Revenue $63.5M (record), +13.3% YoY; recurring revenue $38.0M, 59.9% of total.
Agilysys subsidiary selected by Marriott for Golf ecosystem across Americas
Marriott International selected Agilysys NV, LLC's Golf ecosystem as an option for its hotels.
Agilysys furnishes investor presentation for Q4 and full fiscal year 2024
Slide presentation furnished as Exhibit 99.1; no financial details provided in the filing.
Q4 net revenue $62.2M (+17.6% YoY); subscription revenue +31.6% to 57% of recurring revenue.
Agilysys discloses secondary offering of 867,729 shares by MAK Capital entities at $82.59/share
Selling stockholders (MAK Capital Fund LP and MAK CDD) offering 867,729 shares at $82.59 per share.
Agilysys files updated description of common stock reflecting charter and bylaw amendments
Updates description due to amendments to Certificate of Incorporation and Bylaws since March 31, 2023.
Agilysys CEO plans to sell up to 300k shares under 10b5-1 plan; first personal sale in tenure
Ramesh Srinivasan intends to adopt 10b5-1 plan to sell up to 300,000 shares of AGYS common stock, primarily from exercising Stock-Settled Appreciation Rights expiring Aug 10, 2024.
Agilysys Q3 revenue record $60.6M (+21% YoY); raises FY24 EBITDA guidance to 15% of revenue
Net revenue record $60.6M, up 21.3% YoY; subscription revenue grew 29.9%.
Agilysys eliminates 5.25% Series A Preferred Stock after conversion
Filed Certificate of Elimination with Delaware on Nov 27, 2023, removing Series A Preferred Stock.
Agilysys files investor presentation; no specific financial data disclosed in filing
Form 8-K filed on Nov 16, 2023 under Item 7.01 furnishing an investor slide presentation.
Agilysys announces mandatory conversion of all Series A convertible preferred stock to common shares
Mandatory conversion of all outstanding 5.25% Series A Convertible Preferred Stock effective November 24, 2023.
Agilysys Q2 revenue record $58.6M (+22.8% YoY); raises FY24 guidance
Total revenue $58.6M (record), up 22.8% YoY; subscription revenue up 29.1% to 53.6% of recurring.
Agilysys amends charter to exculpate officers from certain fiduciary duty claims
Filed certificate of amendment to Certificate of Incorporation on Sept 11, 2023.
Agilysys annual meeting: directors re-elected; charter amended for officer exculpation
All seven director nominees elected; Michael Kaufman received ~68% for, ~32% against.
Agilysys releases investor slide deck for Q1 FY2024; no specific financial details disclosed
Filing indicates company may use slide presentation in investor meetings.
Agilysys reports record Q1 revenue of $56.1M; subscription revenue up 27.4%
Record total net revenue $56.1M (+18% YoY); subscription revenue grew 27.4% to $32.1M (57.3% of revenue).
Agilysys amends bylaws to strengthen advance notice and proxy solicitation rules
Board adopted First Amendment to Bylaws on May 25, 2023, updating stockholder proposal advance notice procedures.
Agilysys files investor presentation for Q4 and FY 2023
Presentation covers Q4 and full fiscal year 2023 results.
Agilysys reports record Q4 revenue $52.9M; guides FY2024 revenue $230-235M with 13% EBITDA margin
Q4 revenue $52.9M (+13.6% YoY); full year revenue $198.1M (+21.8% YoY).
CEO Ramesh Srinivasan gets three-year initial term with $600,000 annual base salary, eligible for bonus up to 150% of base.
Agilysys furnishes Q3 FY2023 investor presentation; no specific financial updates disclosed
Slide presentation made available for Q3 FY2023; no earnings results or guidance changes included in the filing.
Agilysys Q3 revenue rises 26.5% to record $49.9M; raises FY2023 guidance to $195-198M
Net income attributable to common shareholders $3.4M ($0.13 diluted EPS); adjusted diluted EPS $0.26.
Deploys cloud-native property management system (PMS) across Marriott's US and Canada luxury, premium, and select-service properties.
Agilysys accidentally discloses Q3 FY2023 sales net ACV forecast of ~$28M
CEO Ramesh Srinivasan stated Oct 27 town hall that sales net ACV for quarter ending Dec 31, 2022 forecast ~$28M.
Agilysys reports record Q2 revenue $47.7M (+26% YoY); EPS $0.12 vs $0.02; guides FY23 $190-195M
Total net revenue $47.7M (record), up 26% YoY; recurring revenue $29.0M, subscription up 28.6%.
Agilysys shareholders elect all seven director nominees, approve say-on-pay, ratify auditor
Seven directors elected: Colvin, Dana Jones, Jerry Jones, Kaufman, Keating, Mutch, Srinivasan; each received over 20 million votes for.
Agilysys reports record Q1 revenue of $47.5M (+22.7% YoY); reiterates FY23 guidance
Revenue $47.5M (record), up 22.7% YoY; subscription revenue up 29.5% to 47.4% of recurring.
Agilysys furnishes investor presentation for Q4 and full FY2022
Filing includes a May 2022 investor slide deck covering Q4 and full-year results.
On July 23, 2024, Don DeMarinis, Senior Vice President Sales, Americas and EMEA, of Agilysys, Inc. (the “Company”), notified the Company of his intention to retire effective as of August 30, 2024.
Max materiality 0.85 · Median 0.45 · Most common event other_material