Agilysys Reports Fiscal 2021 Second Quarter Revenue of $34.4M
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Agilysys, Inc. (AGYS) Tops Q2 EPS by 18c
October 27, 2020 4:40 PM EDTAgilysys, Inc. (NASDAQ: AGYS) reported Q2 EPS of $0.29, $0.18 better than the analyst estimate of $0.11. Revenue for the quarter came in at $34.4 million versus the consensus estimate of $34.28 million.
Ramesh Srinivasan, President and CEO of Agilysys, commented, The hospitality industry business conditions continue to be challenging. Product and services revenue this quarter were affected more than previously anticipated due to a greater extent of postponed customer technology investment decisions. We expect the hospitality business climate to remain tough for a few more quarters and be particularly uncertain during the current October to December... More
