Agilysys (NASDAQ:AGYS) shares fell 5% in after-hours trading Monday, despite second-quarter results that beat analyst expectations. The hospitality software provider reported record revenue of $93.4 million, up 17.7% year on year, against a consensus estimate of $90.92 million. Adjusted earnings per share were $0.67, versus the $0.55 analysts expected. Subscription revenue rose 32.6%, and adjusted EBITDA reached $24.1 million, or 25.9% of revenue. Net income was $13.2 million. The company raised its fiscal 2027 revenue guidance to between $374 million and $378 million, above the $370.8 million consensus. It now expects subscription revenue growth of at least 34%, up from 32%.

Agilysys, a hospitality software provider, reported record revenue of $93.4 million for its fiscal 2027 second quarter ended September 30, 2026. That is up 17.7% from $79.3 million a year earlier. Subscription revenue rose 32.6%. Net income was $13.2 million, or $0.46 per diluted share, compared with $11.7 million a year earlier. Adjusted EBITDA reached $24.1 million, up from $16.4 million. The company raised its full-year guidance. It now expects total revenue of $374 million to $378 million and subscription revenue growth of at least 34%, up from at least 32%. It also expects adjusted EBITDA of 25% of revenue, up from 24%. Chief executive officer Ramesh Srinivasan said the business "continues to grow ahead of our previous expectations.

Agilysys, a software provider for the lodging and leisure sectors, reported fiscal second-quarter net income of $13.2 million, or 46 cents per share. Adjusted earnings came to 67 cents per share, beating the 55 cents that four analysts surveyed by Zacks Investment Research expected. Revenue reached $93.4 million, above the $91.3 million forecast. The Alpharetta, Georgia-based company expects full-year revenue of $374 million to $378 million. Its shares closed near $123.36 on Monday, up roughly 4% since the start of the year.