Agilysys Inc. (NASDAQ: AGYS) experienced a significant after-hours surge of 13.53% following the release of its fiscal fourth-quarter financial results.

The sharp upward movement was driven by the company reporting quarterly earnings and revenue that substantially exceeded analyst expectations. Agilysys posted adjusted earnings per share of $0.63, beating the consensus estimate of $0.50 by 26 percent. Quarterly sales reached $82.946 million, surpassing estimates of $81.562 million and representing an 11.68 percent increase from the same period last year. Strong subscription revenue growth of 24.1 percent year-over-year was a key driver of the results.

Investor sentiment was further bolstered by the company's optimistic outlook for fiscal 2027, with management guiding revenue to a range of $365 million to $370 million, above the analyst consensus estimate of $363.6 million. The company also reported its 17th consecutive record revenue quarter, highlighting sustained business momentum.