Agilysys’ stock jumps on revenue, earnings beat

📆 24/10/2023 04.28.00
📰 MarketWatch

⏱ Reading Time:
20 sec. here
2 min. at publisher
📊 Quality Score:
News: 11%
Publisher: 97%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Jon Swartz is a senior reporter for MarketWatch in San Francisco, covering many of the biggest players in tech, including Netflix, Facebook and Google. Jon has covered technology for more than 20 years, and previously worked for Barron's and USA Today. Follow him on Twitter @jswartz.

Agilysys Inc.’s AGYS, -0.85% stock climbed 2% in extended trading Monday after the maker of hospitality software reported quarterly results that topped analyst revenue and earnings estimates. Agilysys reported fiscal second-quarter net earnings of $4.55 million, or 16 cents a share, compared with net earnings of $3.

6 million, or 13 cents a share, in the year-ago quarter. Adjusted earnings were 25 cents a share. Revenue was $58.6 million, compared with $47.7 million a year ago. Analysts surveyed by FactSet had expected on average net earnings of 19 cents a share on revenue of $56.8 million. Shares of Agilysys have slipped 19% this year, while the broader S&P 500 index has increased 10%.

Tulis Komentar

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

These stocks can boost your defensive positioning in a jittery market, says NuveenFrances Yue covers the cryptocurrency market for MarketWatch.
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »

Stock-market investors face reality of 5% Treasury yields. Here's what's next.Frances Yue covers the cryptocurrency market for MarketWatch.
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »