Agilysys Inc (AGYS) released a profit for third quarter that decreased from last year but beat the Street estimates.
The company's bottom line totaled $3.83 million, or $0.14 per share. This compares with $76.86 million, or $2.85 per share, last year.
Excluding items, Agilysys Inc reported adjusted earnings of $10.65 million or $0.38 per share for the period.
Analysts on average had expected the company to earn $0.34 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 14.8% to $69.56 million from $60.57 million last year.
Agilysys Inc earnings at a glance (GAAP) :
-Earnings: $3.83 Mln. vs. $76.86 Mln. last year.
-EPS: $0.14 vs. $2.85 last year.
-Revenue: $69.56 Mln vs. $60.57 Mln last year.
-Guidance:
Full year revenue guidance: $273 Mln
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