Agilysys Inc reports results for the quarter ended June 30 - Earnings Summary

• Agilysys Inc AGYS reported quarterly adjusted earnings of 33 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 30 cents. The mean expectation of six analysts for the quarter was for earnings of 36 cents per share. Wall Street expected results to range from 33 cents to 40 cents per share.

• Revenue rose 20.7% to $76.68 million from a year ago; analysts expected $74.35 million.

• Agilysys Inc's reported EPS for the quarter was 17 cents​.

• The company reported quarterly net income of $4.89 million.

• Agilysys Inc shares had risen by 0.5% this quarter and lost 12.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 6% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"

• Wall Street's median 12-month price target for Agilysys Inc is $125.00, about 7.8% above its last closing price of $115.21

This summary was machine generated from LSEG data July 21 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)