Please wait while we load the requested 10-Q report or click the link below:
https://last10k.com/sec-filings/report/78749/000007874918000046/agys-9302018x10q.htm
January 2023
December 2022
December 2022
October 2022
August 2022
July 2022
May 2022
May 2022
February 2022
January 2022
• | Total net revenue was a record $34.2 million, compared to total net revenue of $30.1 million in the comparable prior-year period. |
• | Recurring revenues (which are comprised of support, maintenance and subscription services) were a record $18.9 million, or 55% of total net revenue, compared to $17.1 million, or 57% of total net revenue, for the same period in fiscal 2018. SaaS revenues increased 27% year over year and comprised 34% of total recurring revenues, compared to 29% of total recurring revenues in the second quarter of fiscal 2018. |
• | Gross margin was 51.9% in the fiscal 2019 second quarter, compared to 51.0% in the prior-year period. |
• | Net loss in the fiscal 2019 second quarter was $(3.8) million, or $(0.16) per diluted share, compared to a net loss of $(3.2) million, or $(0.14) per diluted share, in the prior-year period. |
• | Adjusted EBITDA (non-GAAP) was $2.6 million, compared to Adjusted EBITDA of $2.3 million in the same period last year. As described below, due to a change in software development and deployment methodologies during the quarter, capitalized software development costs were significantly lower compared to the same period last year. If all software development costs were not capitalized in both periods (non-GAAP), then Adjusted EBITDA would have been $2.6 million in the fiscal 2019 second quarter and Adjusted EBITDA in the fiscal 2018 second quarter would have been $(0.2) million (see reconciliation below). |
• | Adjusted earnings from operations (“AOE”) (non-GAAP) in the fiscal 2019 second quarter was $2.0 million, compared to a loss in the fiscal 2018 second quarter of $(1.2) million (see reconciliation below). |
Please wait while we load the requested 10-Q report or click the link below:
https://last10k.com/sec-filings/report/78749/000007874918000046/agys-9302018x10q.htm
Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were removed , added and changed by Agilysys Inc.
Agilysys Inc's Definitive Proxy Statement (Form DEF 14A) filed after their 2018 10-K Annual Report includes:
Rating
Learn More![]()
Our strategic plan specifically focuses on: Putting the customer first Accelerating our product development Improving organizational efficiency and teamwork Developing our employees and leaders Growing revenue by improving the breadth and depth of our product set across both our well established products and our newer rGuest platform Growing revenue through international expansion The primary objective of our ongoing strategic planning process is to create shareholder value by capitalizing on growth opportunities, turning profitable and strengthening our competitive position within the specific technology solutions and end markets we serve.
A decrease in operating assets and liabilities of $7.4 million and operating loss of $5.4 million were mostly offset by $8.5 million in depreciation and amortization and $1.7 million in share-based compensation.
The result is improved guest loyalty, growth in wallet share and increased revenue as they connect and transact with their guests based upon a single integrated view of individual preferences and interactions.
Support, maintenance and subscription services gross profit increased $2.2 million and gross margin increased 4.9% to 78.9% due to the scalable nature of our infrastructure supporting and hosting customers.
Support, maintenance and subscription services gross profit increased $3.4 million and gross margin increased 3.2% to 78.1% due to the scalable nature of our infrastructure supporting and hosting customers.
Our total gross profit increased...Read more
Our total gross profit increased...Read more
Professional services revenue increased $0.9...Read more
Professional services revenue increased $1.0...Read more
General and administrative decreased $1.2...Read more
Support, maintenance and subscription services...Read more
Support, maintenance and subscription services...Read more
Operating expenses Operating expenses, excluding...Read more
Operating expenses Operating expenses, excluding...Read more
For the three months ended...Read more
For the six months ended...Read more
Professional services gross profit increased...Read more
At September 30, 2018, 100%...Read more
Our top priority is to...Read more
Income Taxes nm - not...Read more
Income Taxes nm - not...Read more
Factors that could cause or...Read more
Product development increased $3.3 million,...Read more
Product development increased $3.8 million,...Read more
See "Forward-Looking Information" on page...Read more
Sales and marketing increased slightly...Read more
To that end, we expect...Read more
Total net revenue increased $4.1...Read more
Total net revenue increased $4.2...Read more
We are routinely audited; due...Read more
We are routinely audited; due...Read more
Products revenue increased $1.5 million,...Read more
Products revenue increased $0.2 million,...Read more
The terminology, definitions, and applications...Read more
Other expense (income) consists mainly...Read more
Other expense (income) consists mainly...Read more
We capitalized approximately $2.7 million...Read more
We capitalized approximately $4.9 million...Read more
We use the following terms...Read more
A significant portion of our...Read more
Support, maintenance and subscription services...Read more
In "Management?s Discussion and Analysis...Read more
Financial Statements, Disclosures and Schedules
Inside this 10-Q Quarterly Report
Material Contracts, Statements, Certifications & more
Agilysys Inc provided additional information to their SEC Filing as exhibits
Ticker: AGYS
CIK: 78749
Form Type: 10-Q Quarterly Report
Accession Number: 0000078749-18-000046
Submitted to the SEC: Fri Oct 26 2018 1:12:08 PM EST
Accepted by the SEC: Fri Oct 26 2018
Period: Sunday, September 30, 2018
Industry: Computer Integrated Systems Design