Recap: Agilysys Q3 Earnings
Portfolio Pulse from Benzinga Insights
Agilysys (NASDAQ:AGYS) reported Q3 earnings with an EPS of $0.35, beating estimates by 34.62% and surpassing last year's revenue by $10.65 million. The company has a history of beating EPS estimates, which previously led to a 25.35% share price increase the following day.
January 22, 2024 | 9:10 pm
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Agilysys reported strong Q3 earnings, beating EPS estimates by 34.62% and showing a notable increase in revenue compared to the same period last year.
Agilysys's Q3 earnings beat is likely to be viewed positively by investors, given the company's history of stock price increases following earnings beats. The substantial beat on EPS and revenue growth compared to the previous year suggests a strong performance, which could lead to a short-term increase in stock price.
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