Agilysys (NASDAQ:AGYS) will release earnings results after market close on Monday. Last quarter, the company beat revenue expectations by 3.7% with revenues of $74.27 million, up 19.4% year on year. Analysts expect revenue to grow 17.1% this quarter to $74.39 million, with adjusted earnings of $0.36 per share. Despite missing revenue estimates in the past, analysts are optimistic about Agilysys heading into earnings. In the vertical software segment, Adobe beat revenue estimates by 1.5%, with positive sentiment driving share prices up. Learn more about the impact of generative AI on businesses and a semiconductor stock pick. StockStory is hiring equity analysts and marketers.
Read more at Barchart: Agilysys (AGYS) Reports Q2 Results Tomorrow