Agilysys (AGYS) Announces Quarterly Results

Agilysys (NASDAQ: AGYS) released its earnings data on Wednesday. The company reported $0.15 EPS for the quarter, Analyst Ratings Network reports. The company had revenue of $63.00 million for the quarter, compared to the consensus estimate of $52.00 million.

On a related note, analysts at Sidoti downgraded shares of Agilysys from a “buy” rating to a “neutral” rating in a research note to investors on Monday, June 3rd.

Agilysys (NASDAQ: AGYS) opened at 12.78 on Wednesday. Agilysys has a 52-week low of $6.81 and a 52-week high of $11.58. The stock’s 50-day moving average is currently $10.03. The company’s market cap is $280.1 million.

Agilysys, Inc. (NASDAQ: AGYS) is a provider of information technology (IT) solutions to corporate and public-sector customers, with special expertise in select markets, including retail and hospitality.

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