Agilysys, Inc. Reports Earnings Results for the Third Quarter Ended December 31, 2019
January 29, 2020 at 02:35 am IST
Share
Agilysys, Inc. announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced total revenue was USD 41.987 million compared to USD 36.014 million a year ago. Operating loss was USD 2.696 million compared to USD 3.878 million a year ago. Net loss was USD 2.582 million compared to USD 4.048 million a year ago. Basic loss per share was USD 0.11 compared to USD 0.18 a year ago. For the nine months, total revenue was USD 121.099 million compared to USD 104.224 million a year ago. Operating loss was USD 7.123 million compared to USD 9.323 million a year ago. Net loss was USD 7.075 million compared to USD 9.575 million a year ago. Basic loss per share was USD 0.3 compared to USD 0.42 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. 
