AGILYSYS INC — fact timeline

AGILYSYS INC reported fiscal 2026 fourth quarter and full year ending March 31, 2026 results: revenue $82.9 million, net income $12.3 million, or $0.43 per diluted share, EPS $0.63 per share (non-GAAP adjusted). Guidance raised.

“for its fiscal 2026 fourth quarter and full year ending March 31, 2026. Summary of Fiscal 2026 Fourth Quarter Financial Results • Total net revenue increased 11.7% to a record $82.9 million compared to total net revenue of $74.3 million in the comparable prior-year period. • Recurring revenue (comprised of subscription and maintenance charges) was a record $54.4”

AGILYSYS INC completed an acquisition involving Book4Time Parent, Inc..

“The closing of the Acquisition contemplated by the Purchase Agreement occurred on the Effective Date.”

Don DeMarinis departed as Senior Vice President Sales, Americas and EMEA at AGILYSYS INC.

“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.”

AGILYSYS INC reported fiscal 2024 fourth quarter and full year ending March 31, 2024 results: revenue $62.2 million, net income $3.0 million, EPS $0.11 per diluted share. Guidance initiated.

“for its fiscal 2024 fourth quarter and full year ending March 31, 2024. Summary of Fiscal 2024 Fourth Quarter Financial Results • Total net revenue increased 17.6% to a record $62.2 million compared to total net revenue of $52.9 million in the comparable prior-year period. • Recurring revenue (comprised of subscription and maintenance charges) was a record $36.6”

AGILYSYS INC reported fiscal 2024 third quarter ending December 31, 2023 results: revenue $60.6 million, net income $76.9 million, or $2.85 per diluted share. Guidance raised.

“results for its fiscal 2024 third quarter ending December 31, 2023. Summary of Fiscal 2024 Third Quarter Financial Results • Total net revenue increased 21.3% to a record $60.6 million, compared to total net revenue of $49.9 million in the comparable prior-year period. • Recurring revenue (comprising subscription and maintenance charges) was a record $35.1”

AGILYSYS INC: Filed Certificate of Elimination with Delaware to eliminate Series A Preferred Stock, returning shares to authorized and unissued preferred status after mandatory conversion of all outstanding shares (effective 2023-11-27).

“On November 27, 2023, Agilysys, Inc. (the “Company”) filed a Certificate of Elimination with the Secretary of State of the State of Delaware with respect to the Company’s 5.25% Series A Preferred Stock (the “Series A Preferred Stock”), pursuant to which the Series A Preferred Stock was eliminated and returned to the status of authorized and unissued preferred shares of the Company.”

AGILYSYS INC reported fiscal 2024 full year results: revenue We are raising full year fiscal 2024 revenue guidance to be $235 to $238 million. Guidance raised.

“We are raising full year fiscal 2024 revenue guidance to be $235 to $238 million, increasing subscription revenue growth guidance for the full 2024 fiscal year to 28% year-over-year and increasing Adjusted EBITDA expectations for fiscal 2024 to 14% of revenue.”

AGILYSYS INC reported fiscal 2024 second quarter ending September 30, 2023 results: revenue Total net revenue increased 22.8% to a record $58.6 million, net income Net income attributable to common shareholders was $4.1 million, EPS $0.16 per diluted share.

“Agilysys, Inc. (NASDAQ: AGYS), a leading global provider of hospitality software solutions that deliver High Return Hospitality, today reported operating results for its fiscal 2024 second quarter ending September 30, 2023. Summary of Fiscal 2024 Second Quarter Financial Results • Total net revenue increased 22.8% to a record $58.6 million, compared to total net revenue of $47.7 million in the comparable prior-year period. • Recurring revenue (comprising subscription and maintenance charges) was a record $34.2 million, or 58.4% of total net revenue compared to $29.0 million, or 60.8% of total net revenue for the same period in fiscal 2023. Subscription revenue increased 29.1% year-over-year and was 53.6% of total recurring revenue compared to 48.9% of total recurring revenue in the second quarter of fiscal 2023. • Gross margin was 59.9% compared to 61.5% in the comparable prior-year period. • Net income attributable to common shareholders was $4.1 million, or $0.16 per diluted share co”

AGILYSYS INC: On September 11, 2023, Agilysys, Inc. filed a certificate of amendment to its Certificate of Incorporation to provide exculpation from liability for certain officers and make non-substantive changes to director exculpatory provisions, following stockholder approval on August 21, 2023 (effective 2023-09-11).

“On September 11, 2023, Agilysys, Inc. (the “Company”), filed a certificate of amendment (the “Charter Amendment”) to its Certificate of Incorporation to (i) provide exculpation from liability for certain officers of the Company from certain claims of breach of the fiduciary duty of care, similar to protections currently available to directors of the Company and (ii) make certain non-substantive changes to the phrasing of the existing exculpatory provisions for directors, in conformance with contemporary norms for peer corporations incorporated in the State of Delaware.”

AGILYSYS INC shareholders approved Ratification of appointment of Grant Thornton LLP as our independent registered public accounting firm for the fiscal year ending March 31, 2024 at the 2023-08-21 meeting.

“Ratification of appointment of Grant Thornton LLP as our independent registered public accounting firm for the fiscal year ending March 31, 2024. For Against Abstain 25,094,570 24,579 50,615”

AGILYSYS INC shareholders approved Advisory vote regarding frequency of advisory vote regarding executive compensation at the 2023-08-21 meeting.

“Advisory vote regarding frequency of advisory vote regarding executive compensation. 1 Year 2 Years 3 Years Abstain 22,662,506 6,046 751,865 11,700”

AGILYSYS INC shareholders approved Advisory vote regarding executive compensation at the 2023-08-21 meeting.

“Advisory vote regarding executive compensation. For Against Abstain Broker Non-Votes 23,129,036 284,330 18,751 1,737,647”

AGILYSYS INC shareholders approved Approval of an amendment to the Company's Certificate of Incorporation to reflect new Delaware law provisions regarding officer exculpation at the 2023-08-21 meeting.

“Approval of an amendment to the Company’s Certificate of Incorporation to reflect new Delaware law provisions regarding officer exculpation. For Against Abstain Broker Non-Votes 22,210,306 1,184,617 37,194 1,737,647”

AGILYSYS INC shareholders approved Election of Directors at the 2023-08-21 meeting.

“Each of the following individuals was elected as a director, based on the voting results shown below, to serve until the 2024 Annual Meeting of Stockholders or until his or her successor is duly elected and qualified: For Against Abstain Broker Non-Votes Donald Colvin 22,763,537 648,062 20,518 1,737,647 Dana Jones 22,903,553 509,814 18,750 1,737,647 Jerry Jones 21,035,856 2,377,770 18,491 1,737,647 Michael Kaufman 15,960,099 7,451,134 20,884 1,737,647 Melvin Keating 20,804,949 2,606,648 20,520 1,737,647 John Mutch 20,759,225 2,652,371 20,521 1,737,647 Ramesh Srinivasan 23,062,824 356,943 12,350 1,737,647”

AGILYSYS INC reported fiscal 2024 first quarter ending June 30, 2023 results: revenue $56.1 million, net income $1.1 million, EPS $0.04 per diluted share. Guidance reaffirmed.

“Summary of Fiscal 2024 First Quarter Financial Results • Total net revenue increased 18.0% to a record $56.1 million, compared to total net revenue of $47.5 million in the comparable prior-year period. • Recurring revenue (comprised of subscription and maintenance charges) was a record $32.1 million, or 57.3% of total net revenue compared to $27.7 million, or 58.4% of total net revenue for the same period in fiscal 2022. Subscription revenue increased 27.4% year-over-year and was 52.2% of total recurring revenue compared to 47.4% of total recurring revenue in the first quarter of fiscal 2023. • Gross margin was 59.0% compared to 60.0% in the comparable prior-year period. • Net income attributable to common shareholders was $1.1 million, or $0.04 per diluted share compared to $2.6 million, or $0.10 per diluted share in the comparable prior-year period.”

AGILYSYS INC: Adopted First Amendment to Bylaws revising advance notice procedures, adding Rule 14a-19 compliance requirements, and specifying consequences for non-compliance (effective 2023-05-25).

“Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On May 25, 2023, the Board of Directors (the "Board") of Agilysys, Inc. (the "Company"), adopted the First Amendment (the "Amendment") to the Company's Bylaws. The Amendment, among other things: • revises the advance notice procedures for stockholder proposals to require certain additional disclosures with respect to nominating stockholders, their proposed nominees and other persons related to a stockholder's solicitation of proxies; • adds a requirement for a stockholder submitting a nomination notice to make a representation as to whether such stockholder intends to solicit proxies in support of director nominees other than the Company's nominees in accordance with Rule 14a-19 under the Securities Exchange Act of 1934, as amended, and, on request of the Company, to provide reasonable evidence that certain requirements of such rule have been satisfied; and • specifies that any proxies or votes solicite”

AGILYSYS INC reported fiscal 2024 results: revenue $230 to $235 million. Guidance initiated.

“Fiscal 2024 Outlook We are expecting full year fiscal 2024 revenue to be $230 to $235 million, inclusive of 25% year-over-year subscription revenue growth. Adjusted EBITDA is expected to be 13% of revenue for the full fiscal year.”

AGILYSYS INC reported fiscal year ended March 31, 2023 results: revenue $198.1 million, net income $12.7 million, EPS $0.49 per diluted share.

“Summary of Full Fiscal Year 2023 Financial Results • Total net revenue increased 21.8% to a record $198.1 million, compared to total net revenue of $162.6 million in the comparable prior-year period. • Recurring revenue (comprised of subscription and maintenance charges) was a record $118.3 million, or 59.7% of total net revenue compared to $99.0 million, or 60.8% of total net revenue for fiscal year 2022. Subscription revenue increased 27.5% year over year and was 49.2% of total recurring revenue compared to 46.1% of total recurring revenue in fiscal year 2022. • Gross margin was 61.0% in fiscal year 2023 compared to 62.4% in the comparable prior-year period. • Net income attributable to common shareholders in fiscal year 2023 was $12.7 million, or $0.49 per diluted share compared to $4.6 million, or $0.18 per diluted share in the comparable prior-year period.”

AGILYSYS INC reported fiscal 2023 fourth quarter results: revenue $52.9 million, net income $3.6 million, EPS $0.14 per diluted share.

“Summary of Fiscal 2023 Fourth Quarter Financial Results • Total net revenue increased 13.6% to a record $52.9 million, compared to total net revenue of $46.6 million in the comparable prior-year period. • Recurring revenue (comprised of subscription and maintenance charges) was a record $31.4 million, or 59.3% of total net revenue compared to $26.6 million, or 57.1% of total net revenue for the same period in fiscal 2022. Subscription revenue increased 23.9% year over year and was 50.6% of total recurring revenue compared to 48.1% of total recurring revenue in the fourth quarter of fiscal 2022. • Gross margin was 60.8% in the fiscal 2023 fourth quarter compared to 59.5% in the comparable prior-year period. • Net income attributable to common shareholders in the fiscal 2023 fourth quarter was $3.6 million, or $0.14 per diluted share compared to $1.5 million, or $0.06 per diluted share in the comparable prior-year period.”

AGILYSYS INC reported fiscal 2023 third quarter and period ended December 31, 2022 results: revenue $49.9 million, net income $3.4 million, EPS $0.13 per diluted share. Guidance raised.

“for its fiscal 2023 third quarter and period ended December 31, 2022. Summary of Fiscal 2023 Third Quarter Financial Results • Total net revenue increased 26.5% to a record $49.9 million, compared to total net revenue of $39.5 million in the comparable prior-year period. • Recurring revenue (comprised of subscription and maintenance charges) was a record $30.2”