The hospitality software firm raised its full-year guidance following a quarter that set new sales and profitability records.
Agilysys increased its fiscal 2027 revenue target to a range of $368M-$373M, up from prior guidance, after reporting a record first quarter. The company also projected at least 32% growth in subscription revenue for the year.
The Q1 performance marked the strongest quarterly sales, revenue, and profitability in the company’s history for that period. Management highlighted multiple seven-figure multiproduct deals as a key driver of growth.
Shares of Agilysys (AGYS) showed limited immediate reaction to the updated outlook during after-hours trading.