Agilysys (AGYS) reported subscription revenue of $44.2 million, up 32.6% year over year, while domestic hotel, resort, and cruise sales rose 33%. The gains point to continued momentum in the company’s recurring revenue base and core hospitality segment.
Agilysys Subscription Revenue Rises 32.6% as Domestic Hospitality Sales Climb
Agilysys (AGYS) reported subscription revenue of $44.2 million, up 32.6% year over year, according to an earnings takeaways article published by fool.com.
Key figures
- Subscription revenue: $44.2 million, up 32.6% year over year.
- Domestic hotel, resort, and cruise sales: up 33% year over year.
Segment momentum
The subscription figure points to continued growth in the company’s recurring revenue base. Separately, the 33% rise in domestic hotel, resort, and cruise sales indicates momentum in the company’s core hospitality segment.
The source material did not include additional financial details, such as total revenue, profitability measures, or forward guidance.