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 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 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 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 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 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 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 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 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 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.
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 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 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 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 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).
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 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.
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