Agilysys (NASDAQ: AGYS) Q2 Earnings Report Analysis
Monday, 22 July 2024, 20:25
Agilysys Q2 Earnings Overview
Hospitality industry software provider Agilysys (NASDAQ:AGYS) reported its earnings for the second quarter of calendar year 2024, which did not meet analyst expectations.
Key Financial Metrics
- Revenue Growth: Revenue climbed 13.3% year-over-year to $63.51 million.
- Profit Increase: Non-GAAP profit per share improved from $0.18 to $0.30.
- Annual Outlook: Company projects a total revenue of $277.5 million at the midpoint for the full year.
Conclusion
Despite missing sales expectations for the second quarter, Agilysys demonstrates robust growth potential with a solid increase in profit per share and optimistic yearly guidance.
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