Agilysys — Fiscal 2027 Second Quarter Earnings Summary

Agilysys, Inc. reported a record second-quarter fiscal 2027 revenue of $93.4 million, representing a 17.7% increase from the prior year period. Subscription revenue grew by 32.6% year-over-year, contributing to a total recurring revenue of $62.2 million, which accounted for 66.6% of total net revenue. The company raised its full-year fiscal 2027 revenue guidance to a range of $374 million to $378 million and increased its adjusted EBITDA expectation to 25% of revenue. Net income for the quarter reached $13.2 million, or $0.46 per diluted share, while free cash flow totaled $14.8 million.