Agilysys Amends Q3 And Nine-Month Results - Quick Facts

Agilysys Inc. (AGYS) announced that it has amended its unaudited financial results for the fiscal 2010 third quarter and nine months ended December 31, 2009, which were previously published on February 3, 2010.

Revenues, gross profit, and operating income were revised lower for both the fiscal 2010 third quarter and nine months ended Dec. 31, 2009 periods by $1.4 million due to remarketed services in the Technology Solutions Group business. Revenue was adjusted to $219.0 million from $220.4 million for the third quarter and $504.6 million from $506.0 million for the nine-month fiscal 2010 period. Operating income was adjusted to $8.5 million from $9.9 million for the quarter and break-even from $1.4 million for the nine-months.

Net income from continuing operations was adjusted by $1.3 million to $13.6 million from $14.9 million for the quarter and $4.0 million from $5.3 million for the nine-month period. Diluted earnings per share for the quarter were $0.59, and $0.18 for the nine-months.

by RTTNews Staff Writer

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