Agilysys Q2 Adj EPS $0.25 Beats $0.19 Estimate, Sales $58.62M Beat $56.79M Estimate
Portfolio Pulse from Benzinga Newsdesk
Agilysys (NASDAQ:AGYS) reported Q2 adjusted earnings of $0.25 per share, beating the analyst consensus estimate of $0.19 by 31.58%. This is a 4.17% increase from the same period last year. The company also reported quarterly sales of $58.62 million, beating the analyst consensus estimate of $56.79 million by 3.22%, a 22.78% increase from the same period last year.
October 23, 2023 | 8:07 pm
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POSITIVE IMPACT
Agilysys reported better than expected Q2 earnings and sales, which could positively impact its stock price in the short term.
Agilysys reported Q2 earnings and sales that beat analyst estimates. This positive financial performance could increase investor confidence and demand for the stock, potentially driving its price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100