Overview
Hospitality software provider's fiscal Q3 revenue rose 15.6%, beating analyst expectations
Adjusted EPS for fiscal Q3 missed analyst expectations
Company raised full-year fiscal 2026 revenue guidance to $318 mln
Outlook
Agilysys raises full-year fiscal 2026 revenue guidance to $318 mln
Company expects fiscal 2026 adjusted EBITDA at 20% of revenue
Agilysys anticipates 29% subscription revenue growth, excluding major PMS project
Result Drivers
SUBSCRIPTION REVENUE GROWTH - Subscription revenue increased 23.1% year-over-year, driving overall revenue growth
PROFESSIONAL SERVICES GROWTH - Professional services revenue grew 22% over the prior year due to effective implementation execution
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Beat | $80.40 mln | $79.02 mln (7 Analysts) |
Q3 Adjusted EPS | Miss | $0.42 | $0.46 (7 Analysts) |
Q3 Net Income | $9.90 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for Agilysys Inc is $140.00, about 30.1% above its January 23 closing price of $107.63
The stock recently traded at 51 times the next 12-month earnings vs. a P/E of 57 three months ago
Press Release: ID:nBw8KxD5Fa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)