Agilysys Inc. (NASDAQ: AGYS) experienced a significant after-hours plunge, with its stock price dropping 12.96% in post-market trading on Monday.
The sharp decline followed the company's release of its fiscal third-quarter 2026 results. Agilysys reported adjusted earnings per share of $0.42, which missed the consensus analyst estimate of $0.46. This earnings miss appears to be the primary driver behind the negative investor reaction in the extended session.
While the company posted record quarterly revenue of $80.4 million, surpassing estimates of $79 million, and raised its full-year revenue guidance to $318 million, the lower-than-expected bottom-line performance weighed heavily on the stock in after-hours trading.