From StockStory:

Agilysys (NASDAQ:AGYS) reported Q3 FY2024 revenue of $60.57 million, up 21.3% year on year, exceeding Wall Street analysts’ estimates. It expects full-year revenue to be $236.5 million and made a non-GAAP profit of $0.35 per share. The company provides software for the hospitality industry, including for hotels, resorts, and restaurants. Its strong revenue growth in Q3 indicates positive performance, although there was a moderate slowdown compared to the previous quarter. Agilysys’s free cash flow remained strong, and the company raised its full-year adjusted EBITDA margin guidance to 15% of revenue. Despite mixed results, the stock is currently trading at $87 per share.

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