Agilysys, Inc. Reports Earnings Results for the Third Quarter Ended December 31, 2020
January 26, 2021 at 04:06 pm
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Agilysys, Inc. announced earnings results for the third quarter ended December 31, 2020. For the third quarter, the company announced total revenue was USD 36.675 million compared to USD 41.987 million a year ago. Operating loss was USD 1.811 million compared to USD 2.696 million a year ago. Net loss was USD 2.070 million compared to USD 2.582 million a year ago. Basic loss per share from continuing operations was USD 0.11 compared to USD 0.11 a year ago. For the nine months, total revenue was USD 100.840 million compared to USD 121.099 million a year ago. Operating income was USD 3.812 million compared to operating loss of USD 7.123 million a year ago. Net income was USD 3.280 million compared to net loss of USD 7.075 million a year ago. Basic earnings per share from continuing operations was USD 0.05 compared to basic loss per share from continuing operations of USD 0.3 a year ago.
Agilysys, Inc. is a provider of hospitality software that delivers cloud-native software-as-a-service (SaaS) and on-premises solutions for hotels, resorts, cruise lines, casinos, corporate foodservice management, restaurants, universities, stadiums, and healthcare. The Company offers software solutions to the hospitality industry, including point-of-sale (POS), property management Systems (PMS), inventory and procurement, payments, and related applications, to manage the entire guest journey. It is a developer and marketer of software-enabled solutions and services to the hospitality industry, including software solutions integrated with third-party hardware and operating systems; subscriptions and maintenance; and professional services. Its POS solutions include InfoGenesis, IG Flex, IG Kiosk, IG KDS, IG OnDemand, IG Quick Pay, IG Smart Menu, IG PanOptic Kiosk, and IG Digital Menu Board. Its PMS solutions include Agilysys LMS, Agilysys Versa, Agilysys Stay, and others.
AGILYSYS, INC. 
