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Agilysys, Inc. - $AGYS STOCK NEWS

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Agilysys, Inc. (NASDAQ: AGYS) is a premier developer and marketer of innovative enterprise software, services, and solutions specifically tailored for the hospitality industry. The company excels in creating market-leading solutions including point-of-sale (POS), property management systems (PMS), inventory and procurement, workforce management, and mobile & wireless solutions. These offerings are designed to streamline operations, enhance efficiency, and significantly elevate the guest experience. Serving a diverse clientele such as casinos, resorts, hotels, foodservice venues, stadiums, and cruise lines, Agilysys operates extensively across North America, Europe, and Asia.

Headquartered in Alpharetta, GA, with APAC offices in Singapore, Hong Kong, and Malaysia, Agilysys is dedicated to providing high return hospitality through both cloud-native SaaS and on-premise solutions. The company's customer base includes branded and independent hotels, multi-amenity resorts, casinos, cruise lines, corporate dining providers, universities, stadiums, and healthcare facilities.

Agilysys is committed to innovation and customer-centric service, continuously evolving its offerings to meet industry demands. Recent milestones include providing on-site premier support for the InfoGenesis POS system at the 2024 Australian Open, ensuring exceptional food and beverage experiences for over 900,000 attendees. Financially, Agilysys reported a strong fiscal 2024 with total net revenue increasing 21.3% to a record $60.6 million, driven by significant subscription revenue growth and improved services efficiency. The company anticipates continued growth in fiscal 2025, projecting revenues between $275 million and $280 million with a focus on subscription revenue growth and adjusted EBITDA of 16%.

For more information, visit www.agilysys.com and follow Agilysys on Twitter at @agilysys.

Rhea-AI Summary
Agilysys Inc. (NASDAQ: AGYS) - Milwaukee-based, Native American-owned Potawatomi Casino Hotel implements Agilysys hospitality technology solutions to enhance guest and staff experiences, optimize food and beverage interactions, and increase operational efficiency. The property aims to deliver High Return Hospitality experiences by leveraging Agilysys' point-of-sale systems, mobile food & beverage ordering, and kiosk systems, catering to the increased demand for gaming and deluxe amenities.
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Agilysys, Inc. will participate in the 20th Annual Craig-Hallum Capital Group Institutional Investor Conference on May 31, 2023. Agilysys CEO and CFO will host one-on-one meetings with investors and analysts.
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FAQ

What does Agilysys, Inc. specialize in?

Agilysys, Inc. specializes in enterprise software, services, and solutions for the hospitality industry, including POS, PMS, inventory and procurement, and workforce management solutions.

Who are the primary clients of Agilysys?

Agilysys serves casinos, resorts, hotels, foodservice venues, stadiums, and cruise lines across North America, Europe, and Asia.

Where is Agilysys headquartered?

Agilysys is headquartered in Alpharetta, GA, with additional APAC offices located in Singapore, Hong Kong, and Malaysia.

What recent achievement is notable for Agilysys?

A recent notable achievement for Agilysys is providing on-site premier support for the InfoGenesis POS system at the 2024 Australian Open, serving over 900,000 attendees.

How did Agilysys perform financially in fiscal 2024?

Agilysys reported a 21.3% revenue increase to a record $60.6 million for fiscal 2024, fueled by subscription revenue growth and improved services efficiency.

What are Agilysys’ financial projections for fiscal 2025?

Agilysys projects fiscal 2025 revenues to range between $275 million and $280 million, with a focus on achieving 16% adjusted EBITDA.

What makes Agilysys’ solutions significant in the hospitality industry?

Agilysys’ solutions are significant for their ability to streamline operations, enhance efficiency, and improve the overall guest experience, making 'personal' interactions profitable.

What is Agilysys’ approach to customer service?

Agilysys is known for its customer-centric service, providing direct implementation, performance optimization, and on-site support to ensure optimal system operations and guest satisfaction.

How does Agilysys innovate in the hospitality technology space?

Agilysys leverages cloud-native SaaS and on-premise solutions to continually enhance their offerings, incorporating the latest technological advancements to meet evolving industry needs.

Where can more information about Agilysys be found?

More information about Agilysys can be found on their official website www.agilysys.com and through their Twitter handle @agilysys.

Agilysys, Inc.

Nasdaq:AGYS

AGYS Rankings

AGYS Stock Data

2.53B
23.29M
4.49%
89.8%
1.73%
Software Publishers
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United States of America
ALPHARETTA