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Agilysys — Fiscal 2027 Second Quarter Earnings Summary

  • Total net revenue reached a record $93.4 million, up 17.7% year-over-year, while net income rose to $13.2 million ($0.46 per share) from $11.7 million ($0.41 per share) in the prior year.
  • The company raised full-year fiscal 2027 guidance, increasing total revenue expectations to $374–$378 million, subscription growth to at least 34%, and Adjusted EBITDA margin to 25% of revenue.
  • Recurring revenue hit a record $62.2 million (66.6% of total), driven by 32.6% year-over-year subscription growth, alongside a gross margin expansion to 64.6%.
  • Management cited strong execution, record backlog levels, and a best-ever July-to-September sales period as key drivers for the 19th consecutive record revenue quarter.
Company
AGILYSYS INC
Sector
Technology
Industry
Software - Application