Agilysys Inc (AGYS) reported a profit for fourth quarter that decreased from last year but beat the Street estimates.
The company's bottom line came in at $3.0 million, or $0.11 per share. This compares with $3.6 million, or $0.14 per share, in last year's fourth quarter.
Excluding items, Agilysys Inc reported adjusted earnings of $0.32 per share for the period.
Analysts on average had expected the company to earn $0.28 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 17.6% to $62.2 million from $52.9 million last year.
Agilysys Inc earnings at a glance (GAAP) :
-Earnings (Q4): $3.0 Mln. vs. $3.6 Mln. last year.
-EPS (Q4): $0.11 vs. $0.14 last year.
-Revenue (Q4): $62.2 Mln vs. $52.9 Mln last year.
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