Agilysys Raises FY2027 Revenue Guidance Following Record Second Quarter Sales
Agilysys (AGYS) has raised its full-year 2027 revenue outlook to a range of $374 million to $378 million. This upward revision follows a record-breaking second quarter, which CEO Ramesh Srinivasan noted was the company's strongest July-to-September period on record. The company is seeing significant momentum in its recurring revenue streams, projecting at least 34% growth in subscription-based services. This shift toward a subscription model highlights Agilysys's successful transition into high-margin software services.
Tickers: $AGYS
Topics: quarterly record revenue growth sales momentum
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