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Agilysys Inc Q4 Profit Increases, Beats Estimates

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Agilysys Inc (AGYS) reported earnings for its fourth quarter that increased from last year and beat the Street estimates.

The company's earnings came in at $3.92 million, or $0.14 per share. This compares with $2.96 million, or $0.11 per share, last year.

Excluding items, Agilysys Inc reported adjusted earnings of $15.23 million or $0.54 per share for the period.

Analysts on average had expected the company to earn $0.29 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 19.4% to $74.272 million from $62.221 million last year.

Agilysys Inc earnings at a glance (GAAP) :

-Earnings: $3.92 Mln. vs. $2.96 Mln. last year.
-EPS: $0.14 vs. $0.11 last year.
-Revenue: $74.272 Mln vs. $62.221 Mln last year.

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