Agilysys, Inc. (AGYS) Releases Earnings Results, Misses Expectations By $0.01 EPS
Agilysys, Inc. (NASDAQ:AGYS) issued its quarterly earnings results on Wednesday. The software maker reported ($0.14) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.13) by ($0.01), RTT News reports. Agilysys had a negative return on equity of 10.70% and a negative net margin of 9.48%. The business had revenue of $30.13 million for the quarter. During the same quarter last year, the firm earned ($0.11) EPS.
In other news, Director Keith M. Kolerus purchased 9,934 shares of the company’s stock in a transaction that occurred on Friday, September 15th. The shares were purchased at an average price of $10.57 per share, for a total transaction of $105,002.38. Following the purchase, the director now directly owns 145,245 shares of the company’s stock, valued at approximately $1,535,239.65. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 34.70% of the company’s stock.
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Separately, TheStreet upgraded Agilysys from a “d+” rating to a “c-” rating in a research note on Monday, August 14th.
Agilysys Company Profile
Agilysys, Inc is a technology company. The Company provides software for point-of-sale (POS), property management, inventory and procurement, workforce management, analytics, document management, and mobile and wireless solutions and services to the hospitality industry. The Company serves four market sectors: gaming, both corporate and tribal; hotels, resorts and cruise; foodservice management, and restaurants, universities, stadia and healthcare.
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