Agilysys Stock Price, News & Analysis

Agilysys, Inc. (NASDAQ: AGYS) has announced the launch of IG 12UX, a modern client for its InfoGenesis POS, at HITEC in Dallas from September 27-30. This next-generation solution enhances guest experience by offering flexible service options across various devices and operating systems. Key features include gesture control on mobile devices, improved server workflows, and robust API integrations for seamless third-party compatibility. The company emphasizes its commitment to innovation and improving operational efficiency for hospitality clients globally.

Agilysys, a leading global provider of cloud-native hospitality solutions, has implemented its InfoGenesis POS system and Agilysys Pay at The King and Prince Beach & Golf Resort in St. Simons Island, GA. The resort aims to enhance operational efficiency and guest service with Agilysys's modern technology. The InfoGenesis POS system, known for its user-friendly interface and strong reporting features, is expected to reduce operational costs. Agilysys Pay enhances secure payment processing, providing peace of mind for guests.

Agilysys, Inc. (NASDAQ: AGYS) has announced the implementation of its cloud-native SaaS PMS solution Agilysys Stay at the Rise Uptown Hotel in Phoenix, AZ. This advanced property management system enhances guest interactions, improves operational efficiency, and drives revenue growth across various hotel types. The system's user-friendly design allows staff to focus on delivering a superior guest experience. Agilysys aims to increase adoption among properties of all sizes, fostering improved guest loyalty and operational performance.

Agilysys (NASDAQ: AGYS) announced an expanded partnership with Duetto, offering a two-way integration between Agilysys Stay PMS and Duetto's revenue optimization tools. This integration enhances Agilysys Stay's capabilities by providing high-quality data exchange, real-time revenue optimization, and rapid deployment. The collaboration aims to improve guest experiences while maximizing revenue for hospitality properties. Both companies have worked together since 2016, enhancing their offerings in personalized guest services and revenue strategies.

Agilysys, Inc. (Nasdaq: AGYS) has expanded its relationship with Aspen Snowmass by introducing IG OnDemand, a cloud-native SaaS food and beverage ordering and payment solution. This addition enhances guest self-service and encourages social distancing, allowing guests to place orders via their own devices. IG OnDemand not only improves guest safety but also increases revenue opportunities for Aspen Snowmass. The partnership aims to deliver a seamless contactless dining experience while optimizing operations and enhancing overall guest service.

Agilysys (Nasdaq: AGYS) announced that Town Hall Hotel in London has selected its advanced software solutions, including Agilysys Stay PMS and rGuest Express. The partnership aims to enhance guest experience by streamlining operations and improving staff training. The integrated suite is designed to provide a unified view of guest preferences and optimize operational efficiency. General Manager Lizzy Kelk highlighted the importance of a trusted partner for their technology investment. The collaboration is set to drive innovation and support future growth for the hotel.

Agilysys, a leader in hospitality software solutions, reported fiscal 2022 Q1 results with net revenue of $38.7 million, up from $29.8 million a year earlier. Recurring revenues were $23.2 million, accounting for 59.9% of total revenue. Subscription revenues rose 33.2% year-over-year. Gross margin improved to 64.2%. The company achieved net income of $1.5 million compared to a net loss of $(1.7 million) in the previous year. Adjusted EBITDA was $6.9 million. Agilysys maintains a full-year revenue guidance of $160 to $170 million.

Agilysys, Inc. (Nasdaq: AGYS) announced the appointment of Justin Reynolds as Senior Director of Sales for Australia and New Zealand. With over 35 years of experience in international hospitality software, Reynolds previously led InfoGenesis Australia, making significant contributions to the development of POS solutions in the region. His expertise is expected to enhance Agilysys's growth in the global hospitality market as the company strengthens its presence.

Agilysys, Inc. (Nasdaq: AGYS) announces its virtual event 'Agilysys - Next Generation Hospitality' set for July 27-29, 2021. This three-day event will showcase Agilysys' extensive guest experience solutions, emphasizing their modern cloud-native technology. Attendees will gain insights into product innovations and strategies aimed at enhancing the guest journey. The CEO, Ramesh Srinivasan, highlights a focus on customer-centric solutions developed over four years of investment in technology and product enhancements, promising valuable discussions on industry advancements.