10:24 AM EDT, 05/20/2025 (MT Newswires) -- Agilysys' ( AGYS ) fiscal Q4 results appear "encouraging," and the company's reacceleration story remains intact, which is rare given the macro disruption, Oppenheimer said in a Tuesday note.
The company's fiscal Q4 earnings before interest, taxes, depreciation, and amortization surpassed the consensus estimate by 31%, with more of the quarter's revenue upside coming from subscriptions, Oppenheimer analysts said. Agilysis' major project with Marriott was not included in fiscal 2026 guidance, but management comments indicate that the project is on track, they said.
Agilysys' ( AGYS ) property management system business "remains strong," with a record 11 add-on products in new deals, the analysts said. Further, the company appears to have left behind several recent issues, such as poor services utilization and a weakness in the Food Services line, they said.
Oppenheimer revised its results and guidance estimates for Agilysys ( AGYS ). The research firm also maintained the company's stock rating at outperform.
Price: 99.35, Change: +16.33, Percent Change: +19.67