Key Developments For Agilysys, Inc.
Agilysys, Inc. (AGYS.O) (Nasdaq)
Agilysys, Inc. Signs Agreement With Beatty and Company
Agilysys, Inc. announced a strategic partnership with Beatty and Company Computing Inc. The agreement enables Agilysys to add Beatty and Company's Beacen vSeries software, which provides carrier grade desktop virtualization, to the already extensive Agilysys list of technology solutions and to create custom solutions which utilize the Beacen vSeries software.
Agilysys, Inc. To Consider Increasing Ownership Of MAK Capital
Agilysys, Inc. announced that it will hold a special meeting of shareholders on January 5, 2010 for the purpose of considering on whether to authorize MAK Capital to increase its ownership above 20% but not to exceed one-third, of the Company's outstanding shares. The Agilysys Board of Directors has determined that it will make no recommendation either in favor of or against the proposed control share acquisition.
The Connaught Implements Agilysys, Inc.'s ResPAK
Agilysys, Inc. announced that the Connaught has implemented ResPAK, a dining reservations and table management module. ResPAK is fully integrated with InfoGenesis POS by Agilysys, which the property has used for the past two years.
Agilysys, Inc. and Global Bay Mobile Technologies Partner to Provide Unique Mobility Solutions to Retailers and Additional Industries
Agilysys, Inc. and Global Bay Mobile Technologies, Inc. announced a partnership to deliver advanced and secure mobile applications focused on enhancing overall operations for its retail customers and to address the growing retail-to-consumer mobile application market. The in-store solutions deployed by Agilysys and Global Bay will assist store associates with functions such as task management, inventory transfers and stock management, ultimately helping improve the efficiency of a retailer's store operations and their ability to manage overall inventory. Using Global Bay's customer facing mobile capabilities and advanced technologies will also empower Agilysys to enhance a retailer's interactions with their customers.
Agilysys, Inc. Comments On Q3 2010 Revenue Outlook; Comments On H2 2010 Outlook-Conference Call
Agilysys, Inc. announced that for the third quarter of 2010, it expects to see a seasonal increase in sales. The Company expect financial performance in the second half of 2010 to improve versus the first half of 2010. The Company reported loss per share of $0.55 and revenue of $130 million in the first quarter of 2010; earnings per share (EPS) of $0.12 in the second quarter of 2010. According to Reuters Estimates, analysts on an average are expecting the Company to report EPS of $0.47 for the third quarter of 2010; and $0.04 for the fourth quarter of 2010.
