Agilysys: High Appetite for Hospitality Tech Drives Backlog Growth

Dow Jones

07/28

Agilysys posted a 14% jump in first-quarter sales with backlog levels to record highs, the software company said. CEO Ramesh Srinivasan attributes the momentum to strong demand for the company's connected software ecosystem and recently added artificial intelligence-powered features. The fiscal 2027 first quarter marks the hospitality software provider's 18th consecutive record revenue quarter, with net revenue reaching $87.7 million. CFO Dave Wood says the company has hit the ground running and its business plan execution for the year is ahead of target.

This article was automatically created using artificial-intelligence technology and reviewed by Dow Jones Newswires editors.

(END) Dow Jones Newswires

July 27, 2026 16:14 ET (20:14 GMT)

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CEO Ramesh Srinivasan attributes the momentum to strong demand for the company's connected software ecosystem and recently added artificial intelligence-powered features. The fiscal 2027 first quarter marks the hospitality software provider's 18th consecutive record revenue quarter, with net revenue reaching $87.7 million. CFO Dave Wood says the company has hit the ground running and its business plan execution for the year is ahead of target.This article was automatically created using artificial-intelligence technology and reviewed by Dow Jones Newswires editors. Dow Jones NewswiresJuly 27, 2026 16:14 ET Copyright  2026 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"AGYS":"阿吉赛斯","BK4023":"应用软件","QQH":"HCM Defender 100 Index ETF"},"translate_title":"Agilysys：对酒店技术的高需求推动积压订单增长","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AGYS":1.5,"QQH":0.79},"content_text":"Agilysys posted a 14% jump in first-quarter sales with backlog levels to record highs, the software company said. CEO Ramesh Srinivasan attributes the momentum to strong demand for the company's connected software ecosystem and recently added artificial intelligence-powered features. The fiscal 2027 first quarter marks the hospitality software provider's 18th consecutive record revenue quarter, with net revenue reaching $87.7 million. 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