Agilysys Reports Record Q2 2027 Revenue and Raises Full-Year Guidance
Agilysys (AGYS) delivered a strong second quarter for fiscal year 2027, reporting record net revenue of $93.4 million, a 17.7% increase year-over-year. This performance marks the company's 19th consecutive record revenue quarter, fueled significantly by a 32.6% surge in subscription revenue and robust demand within the Hotels, Resorts, and Cruise ships vertical. The company demonstrated improved profitability with Adjusted EBITDA reaching $24.1 million, representing a 25.9% margin. Driven by strong momentum in recurring revenue and product backlog growth of 90%, Agilysys raised its full-year revenue guidance to a range of $374 million to $378 million and increased its subscription growth expectations to at least 34%.
Tickers: $AGYS
Topics: Adjusted EBITDA EPS Financial Performance Revenue Growth Subscription Revenue