Latest news with #RameshSrinivasan
Hospitality Net
26-05-2025
- Business
- Hospitality Net
Agilysys to Participate in the William Blair 45th Annual Growth Stock Conference
ALPHARETTA, Ga.- Agilysys, Inc., (Nasdaq: AGYS), a leading global provider of hospitality software solutions that enable organizations to go beyond what they can accomplish with traditional property management systems (PMS), point-of-sale (POS) solutions and food-and-beverage inventory and procurement (F&B I&P) systems, announced it will participate in the William Blair 45th Annual Growth Stock Conference to be held in person, in Chicago, Illinois, June 3rd – June 5th. Agilysys Chief Executive Officer Ramesh Srinivasan will host a company presentation Tuesday June 3rd, at 10:00 a.m. Central Time, and one-on-one meetings with investors and analysts will be available the same day. Participants who want to meet one-on-one with Agilysys must schedule time directly through the William Blair Conference organizers. The webcast of the presentation is available for interested parties through the Events and Presentations section of the Investor Relations page of and the following link An archived version of the webcast will be available for reply at the same location. Agilysys released its fiscal 2025 fourth quarter and full-year results Monday, May 19, 2025, at 4:30 p.m. Eastern Time. Investor presentation materials and the earnings call webcast replay are available via the Agilysys Investor Relations page. About Agilysys Agilysys exclusively delivers state-of-the-art software solutions and services that help organizations achieve High Return Hospitality™ by maximizing Return on Experience (ROE) through interactions that make "personal" profitable. Customers around the world use Agilysys Property Management Systems (PMS), Point-of-Sale (POS) solutions, Food & Beverage Inventory and Procurement (I&P) systems and accompanying hospitality ecosystem solutions to consistently delight guests, retain staff and grow margins. The Agilysys 100% hospitality customer base includes branded and independent hotels; multi-amenity resorts; casinos; property, hotel and resort management companies; cruise lines; corporate dining providers; higher education campus dining providers; food service management companies; hospitals; lifestyle communities; senior living facilities; stadiums; and theme parks.
Business Wire
22-05-2025
- Business
- Business Wire
Agilysys to Participate in the William Blair 45th Annual Growth Stock Conference
ALPHARETTA, Ga.--(BUSINESS WIRE)-- Agilysys, Inc., (Nasdaq: AGYS), a leading global provider of hospitality software solutions that enable organizations to go beyond what they can accomplish with traditional property management systems (PMS), point-of-sale (POS) solutions and food-and-beverage inventory and procurement (F&B I&P) systems, today announced it will participate in the William Blair 45 th Annual Growth Stock Conference to be held in person, in Chicago, Illinois, June 3 rd – June 5 th. Agilysys Chief Executive Officer Ramesh Srinivasan will host a company presentation Tuesday June 3 rd, at 10:00 a.m. Central Time, and one-on-one meetings with investors and analysts will be available the same day. Participants who want to meet one-on-one with Agilysys must schedule time directly through the William Blair Conference organizers. The webcast of the presentation is available for interested parties through the Events and Presentations section of the Investor Relations page of and the following link An archived version of the webcast will be available for reply at the same location. Agilysys released its fiscal 2025 fourth quarter and full-year results Monday, May 19, 2025, at 4:30 p.m. Eastern Time. Investor presentation materials and the earnings call webcast replay are available via the Agilysys Investor Relations page. About Agilysys, Inc. Agilysys exclusively delivers state-of-the-art hospitality software solutions and services that help organizations go beyond what they can accomplish with traditional property management systems (PMS), point-of-sale (POS) solutions and food and beverage inventory and procurement systems. Modern, state-of-the-art solutions work standalone to provide best-in-class capabilities, or together in a coordinated ecosystem that unifies data and workflows across a property, to equip staff members to delight guests, improve efficiency and grow margins. The Agilysys 100% hospitality customer base includes branded and independent hotels; multi-amenity resorts; casinos; property, hotel and resort management companies; cruise lines; corporate dining providers; higher education campus dining providers; food service management companies; hospitals; lifestyle communities; senior living facilities; stadiums; and theme parks.
Yahoo
22-05-2025
- Business
- Yahoo
Agilysys to Participate in the William Blair 45th Annual Growth Stock Conference
-- Company will webcast President and CEO Ramesh Srinivasan's presentation June 3rd -- ALPHARETTA, Ga., May 22, 2025--(BUSINESS WIRE)--Agilysys, Inc., (Nasdaq: AGYS), a leading global provider of hospitality software solutions that enable organizations to go beyond what they can accomplish with traditional property management systems (PMS), point-of-sale (POS) solutions and food-and-beverage inventory and procurement (F&B I&P) systems, today announced it will participate in the William Blair 45th Annual Growth Stock Conference to be held in person, in Chicago, Illinois, June 3rd – June 5th. Agilysys Chief Executive Officer Ramesh Srinivasan will host a company presentation Tuesday June 3rd, at 10:00 a.m. Central Time, and one-on-one meetings with investors and analysts will be available the same day. Participants who want to meet one-on-one with Agilysys must schedule time directly through the William Blair Conference organizers. The webcast of the presentation is available for interested parties through the Events and Presentations section of the Investor Relations page of and the following link An archived version of the webcast will be available for reply at the same location. Agilysys released its fiscal 2025 fourth quarter and full-year results Monday, May 19, 2025, at 4:30 p.m. Eastern Time. Investor presentation materials and the earnings call webcast replay are available via the Agilysys Investor Relations page. About Agilysys, Inc. Agilysys exclusively delivers state-of-the-art hospitality software solutions and services that help organizations go beyond what they can accomplish with traditional property management systems (PMS), point-of-sale (POS) solutions and food and beverage inventory and procurement systems. Modern, state-of-the-art solutions work standalone to provide best-in-class capabilities, or together in a coordinated ecosystem that unifies data and workflows across a property, to equip staff members to delight guests, improve efficiency and grow margins. The Agilysys 100% hospitality customer base includes branded and independent hotels; multi-amenity resorts; casinos; property, hotel and resort management companies; cruise lines; corporate dining providers; higher education campus dining providers; food service management companies; hospitals; lifestyle communities; senior living facilities; stadiums; and theme parks. View source version on Contacts Investor Contact: Jessica Hennessy, Agilysys, Inc., 770-810-6116, investorrelations@
Yahoo
21-05-2025
- Business
- Yahoo
Agilysys Inc (AGYS) Q4 2025 Earnings Call Highlights: Record Revenue and Subscription Growth ...
Release Date: May 19, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Agilysys Inc (NASDAQ:AGYS) reported a record global sales year for fiscal 2025, with significant growth in subscription software and services. The company achieved its 13th consecutive record revenue quarter, with Q4 revenue increasing by 19.4% year-over-year. Subscription revenue grew by 42.7% in Q4, marking a record 64.4% of total recurring revenue. Agilysys Inc (NASDAQ:AGYS) successfully modernized its POS platform, leading to improved sales momentum and customer satisfaction. The company expanded its sales and services teams, enhancing its capacity for future growth and customer support. Despite strong sales, the product backlog for perpetual license software and hardware remains at only about 60% of previous peak levels. The company faces challenges in accelerating the migration of legacy POS customers to the new cloud model, as customer timelines control the pace. International sales growth is still dependent on large, 'home run' wins, indicating potential volatility in this market segment. Agilysys Inc (NASDAQ:AGYS) has not included any material subscription revenue from the Marriott PMS project in its fiscal 2026 guidance, reflecting uncertainty in project timelines. Operating leverage is limited, with expected increases in sales and marketing expenses potentially offsetting gains in other areas. Warning! GuruFocus has detected 3 Warning Signs with AGYS. Q: Can you explain the recent success in POS bookings and the factors driving this improvement? A: The improvement is largely due to the installation of the newer, fully modernized, and unified POS platform. This platform integrates guest-facing and staff-facing features, making it easier to implement. As a result, Agilysys is now seen as a premium POS provider, and the momentum from Q4 is expected to continue. (Ramesh Srinivasan, CEO) Q: How is the mix of customers using Agilysys implementation teams versus third-party support evolving, and does this affect the revenue growth for professional services? A: Most implementations are done by Agilysys teams due to the complexity of the software. The 5-10% growth in professional services revenue is attributed to normal services growth, not third-party support. Customer-paid R&D efforts are also a factor but are unpredictable quarter to quarter. (Ramesh Srinivasan, CEO) Q: What is the expected organic subscription revenue growth for fiscal 2026, and how does it break down between POS and PMS solutions? A: While specific growth rates for POS and PMS are not disclosed, PMS is expected to grow at a higher percentage due to its lower base. The overall subscription revenue growth is projected at 25%, with organic growth closer to 22-23%, excluding the Book for Time acquisition. (Dave Wood, CFO) Q: Can you discuss the momentum in add-on sales and which products are seeing the strongest adoption rates? A: Add-on modules, particularly on the PMS side, add significant value and are driving strong adoption. These modules create an ecosystem that offers operational efficiency and guest experience improvements, making them attractive to customers. The unified POS platform also benefits from add-on modules, contributing to sales momentum. (Ramesh Srinivasan, CEO) Q: What are the early readings from the beta testing with Marriott, and how is the project progressing? A: The beta testing with Marriott is progressing well, with positive feedback from property personnel. The project is complex and transformational, involving multiple vendors, but the testing phase is going smoothly, and there is excitement among Marriott properties for the technology transformation. (Ramesh Srinivasan, CEO) For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-05-2025
- Business
- Yahoo
Why Agilysys Stock Triumphed on Tuesday
The hospitality software specialist posted the results of its final quarter of fiscal 2025. It exited the fiscal year on quite a high note. 10 stocks we like better than Agilysys › Agilysis (NASDAQ: AGYS), a developer of software solutions for the hospitality industry, was a welcome guest in many portfolios Tuesday. That's because the company delivered quarterly results that blew past analyst expectations; as a result, its share price rose a mighty 22% on the day. That was so far ahead of the S&P 500 index's 0.4% fall as to be almost out of view. Agilysis' fiscal fourth quarter of 2025 saw the company post a net revenue figure of over $74 million, a robust 19% higher than in the same period the previous year. Much of this was due to a nearly 43% rise in subscription revenue for the company. Management didn't hesitate to point out that this was the 13th quarter in a row it posted a new all-time high for quarterly revenue. As for profitability, GAAP net income also enjoyed a pleasant ride higher, growing to $3.9 million from the year-ago profit of $3 million. Non-GAAP (adjusted) net income per share rose more steeply, coming in at $0.54 from the fourth quarter of fiscal 2024's $0.32. That performance exceeded analyst estimates. The consensus for revenue was slightly under $71.6 million, and that for adjusted net income was $0.35 per share. In the earnings release, Agilysis quoted president and CEO Ramesh Srinivasan as saying of the quarter that "Customer demand for the cloud-native state-of-the-art hospitality focused software solution ecosystem we have built diligently over the past several years has continued to accelerate, driving the sum of product, recurring revenue and services backlog to the highest levels we have seen thus far." Agilysis is guiding for a top line of $308 million to $312 million for fiscal 2026. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) should amount to 20% of revenue. The company did not provide any bottom-line estimates. While the quarter was certainly a good one for Agilysis, personally I'd caution that the travel industry seems to be cycling down lately. I'd be a bit wary of this stock, particularly after that post-earnings pop. Before you buy stock in Agilysys, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Agilysys wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $642,582!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $829,879!* Now, it's worth noting Stock Advisor's total average return is 975% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Agilysys Stock Triumphed on Tuesday was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
