Key Developments: Agilysys Inc (AGYS.OQ)

AGYS.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Agilysys Inc Completes Sale Of Retail Solutions Group
7:30am EDT 

Agilysys Inc announced that it has completed the previously announced sale of Retail Solutions Group (RSG) to an affiliate of Clearlake Capital Group, L.P. (Clearlake) for total cash consideration of approximately $34.55 million. Atlas Technology Group LLC served as the financial advisor to Agilysys on the sale of RSG.  Full Article

Agilysys Inc Acquires Assets Of TimeManagement Corporation
Monday, 10 Jun 2013 04:00pm EDT 

Agilysys Inc announced that it has acquired the assets of TimeManagement Corporation, a privately-owned Minneapolis-based technology provider with solutions that streamline workforce management environments for hospitality operators. The Company funded the acquisition through cash on hand and expects the transaction to be immediately accretive to adjusted operating income. Financial terms of the acquisition were not disclosed.  Full Article

Agilysys Inc To Sell Its Retail Solutions Group To Clearlake Capital-Reuters
Monday, 3 Jun 2013 09:07am EDT 

Reuters reported that Agilysys Inc enters into definitive agreement to sell its retail solutions group to clearlake capital group for $34.55 million in cash.  Full Article

Clearwater River Casino & Hotel Selects Software Suite from Agilysys Inc
Tuesday, 26 Mar 2013 07:35am EDT 

Agilysys Inc announced that Clearwater River Casino & Hotel in Lewiston, Idaho, has selected a comprehensive software suite from Agilysys, including the Visual One PMS, InfoGenesis POS and Eatec inventory and procurement solution. The property, which includes a hotel, casino, convenience store, gas station and RV park, is currently undergoing a 35,000-square-foot expansion to add an event center and 200 gaming machines.  Full Article

Kirkwood Mountain Resort Selects Agilysys Inc
Tuesday, 26 Feb 2013 07:35am EST 

Agilysys Inc announced that Kirkwood Mountain Resort in Kirkwood, California, has selected the Agilysys InfoGenesis point-of-sale solution to streamline dining operations, which consist of several quick-serve restaurants, two casual dining locations and a small grocery store. The property is owned and managed by Vail Resorts, Inc.  Full Article

Agilysys Inc Raises FY 2013 Revenue Guidance; Lowers FY 2013 Earnings Guidance
Thursday, 31 Jan 2013 04:01pm EST 

Agilysys Inc updated fiscal 2013 guidance and expects revenue to be in the range of $230-$232 million, adjusted operating income (loss) in the range of $6.0-$6.5 and adjusted earnings (loss) per share (EPS) (non-GAAP) in the range of $0.24-$0.26. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $0.20 for fiscal 2013.  Full Article

Agilysys Inc And Motion Computing Partner To Allow Windows OS-Based Retailers Access To Industry Mobility Solutions
Tuesday, 8 Jan 2013 08:00am EST 

Agilysys Inc announced it has partnered with Motion Computing, to deliver comprehensive mobility solutions to retailers utilizing Windows POS systems. Agilysys will be responsible for developing the tablet's software, integrating with legacy Windows applications, mobile infrastructure, staging, deployment and ongoing management, support and service.  Full Article

Hotel 1000 in Seattle Selects Agilysys Inc For Point-Of-Sale Solution
Monday, 12 Nov 2012 08:00am EST 

Agilysys Inc announced that Hotel 1000 in Seattle has selected Agilysys InfoGenesis POS, a point-of-sale solution, to streamline food and beverage operations at the 120-room property, which is owned and managed by Benchmark Hospitality International.  Full Article

Agilysys Inc Reaffirms FY 2013 Guidance
Thursday, 25 Oct 2012 07:41am EDT 

Agilysys Inc reaffirmed previous guidance for fiscal 2013 and expects consolidated revenue to be between $208 million and $211 million, adjusted operating income to be in a range of $3.5-$4.5 million, adjusted net income per share to improve from the $0.39 loss reported for fiscal 2012 to positive adjusted net income per diluted share of between $0.16 and $0.21 in the current year. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $0.19 for fiscal 2013.  Full Article

Agilysys Inc Reaffirms FY 2013 Guidance
Thursday, 26 Jul 2012 04:00pm EDT 

Agilysys Inc reaffirmed previous guidance for fiscal 2013 and expects consolidated revenue to be between $208 million and $211 million, adjusted operating income to be in a range of $3.5 million to $4.5 million, and adjusted net income per share to improve from the $0.39 loss reported for fiscal 2012 to positive adjusted net income per diluted share of between $0.16 and $0.21 in the current year.  Full Article

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