Agilysys Stock Price, News & Analysis

Agilysys (Nasdaq: AGYS) has announced the successful implementation of its InfoGenesis and IG Flex SaaS point-of-sale solutions at La Valencia Hotel, La Jolla, CA. This partnership aims to enhance operational efficiency and guest service in food and beverage operations. The cloud-based InfoGenesis POS system offers flexible reporting and multi-language support, while IG Flex delivers mobile point-of-sale functionality. Agilysys Pay Connect enables secure payment processing. This collaboration is expected to boost guest experience and revenue-generating opportunities for the hotel.

Agilysys, a leader in cloud-native hospitality software, announced that Manor Vail Lodge in Colorado has selected its InfoGenesis POS system, including IG Flex for mobile POS, IG OnDemand for self-service ordering, and Agilysys Pay Connect for secure payments. This partnership aims to enhance the guest experience and boost revenue through modern, user-friendly solutions. The InfoGenesis system is recognized for its robust reporting and multi-device support, while IG OnDemand enables contactless ordering, improving service efficiency and guest satisfaction.

Agilysys, Inc. (Nasdaq: AGYS) announced an expanded partnership with Halepuna Waikiki by Halekulani, incorporating its cloud-native SaaS food and beverage ordering solution, IG OnDemand. This addition aims to enhance health and safety measures amid COVID-19, allowing guests to order and pay through their devices, thus promoting social distancing. Julie Arigo, the hotel’s GM, emphasized that IG OnDemand will improve guest experience while optimizing operations. Agilysys continues to provide innovative solutions to the hospitality industry, enhancing service efficiency and guest safety.

Agilysys, Inc. (Nasdaq: AGYS) reported a fiscal 2021 fourth quarter net revenue of $36.3 million, an 8% decrease from $39.7 million in the prior year. Recurring revenues increased to $22.9 million, representing 63.1% of total revenue. The company reported a net loss of $(24.7) million, or $(1.05) per diluted share, but improved adjusted diluted EPS to $0.21 from $0.05. Free cash flow rose to $13.0 million, with an ending cash balance of $99.2 million. Agilysys anticipates fiscal 2022 revenue between $160-$170 million, signaling a growth of 16-24% over fiscal 2021.

Agilysys, Inc. (AGYS) will release its fiscal 2021 fourth quarter results on May 18, 2021, after market closure. A conference call and webcast will follow at 4:30 p.m. ET, open to the public. Participants can join the call by dialing 224-357-2393 and using the conference ID 9163587. An archived version of the webcast will be available for replay afterwards. Agilysys, a leader in hospitality software for over 40 years, provides innovative cloud-native SaaS solutions for various sectors including hotels, gaming, and restaurants, aiming to enhance guest satisfaction and operational efficiency.

Agilysys, Inc. (Nasdaq: AGYS) has announced that Three Forks Ranch will implement its cloud-native SaaS solutions, including Stay PMS, Spa, Seat, InfoGenesis POS, and Eatec for inventory management. This selection aligns with the resort's goal to enhance guest interactions and streamline operations. The integrated solution suite will provide staff access to guest preferences throughout the guest journey, aiming to improve guest management and deliver a 5-star experience. This partnership highlights Agilysys' commitment to innovation in the hospitality sector.

Agilysys (Nasdaq: AGYS) announced the implementation of its InfoGenesis cloud-native SaaS POS solutions at the University of Texas Southwestern Medical Center. This includes InfoGenesis POS, IG Buy self-service kiosks, IG OnDemand mobile ordering, and Agilysys Pay for secure payment processing. The move aims to enhance dining services by offering modern, contactless options amidst growing safety concerns. UTSW, a leading academic institution in Texas, has established a strong partnership with Agilysys and Sodexo, focusing on innovative, efficient solutions for its 2.7 million annual outpatient visits.

Agilysys (Nasdaq: AGYS) announces an expanded partnership with Coeur d’Alene Casino Resort Hotel, integrating Agilysys Golf and rGuest Book solutions to enhance golf management and player experiences at Circling Raven Golf Club. The innovative solutions streamline operations, enabling easy tee-time bookings and robust player management. Agilysys Golf integrates with existing systems for data sharing, optimizing guest interactions. The collaboration emphasizes Agilysys' commitment to improving operational efficiencies and guest experiences in hospitality.

Agilysys (Nasdaq: AGYS) has launched its Agilysys Digital Marketing, a cloud-native hospitality marketing automation solution designed for personalized guest engagement. This solution facilitates email and SMS marketing, allowing hospitality providers to segment guests and deliver targeted communications at various stages of their journey. Key features include guest surveys, personalized offers, and targeted marketing campaigns. Dr. Prabuddha Biswas emphasized that the tool enhances revenue opportunities and guest connections, with multiple customer properties already utilizing the solution.