Agilysys Expects FY25 Revenue To Be $275M-$280M, Est $276.582M
Portfolio Pulse from Benzinga Newsdesk
Agilysys projects FY25 revenue to range between $275M-$280M, closely aligning with the estimated $276.582M. The company anticipates a minimum of 27% growth in subscription revenue and expects its Adjusted EBITDA to constitute 16% of the revenue.
May 13, 2024 | 8:23 pm
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Agilysys forecasts FY25 revenue to be within $275M-$280M, aligning with analyst estimates. The company expects significant growth in subscription revenue and a healthy Adjusted EBITDA margin.
The positive revenue forecast and expected growth in subscription revenue indicate a strong financial outlook for Agilysys, likely leading to a positive short-term impact on its stock price. The alignment with analyst estimates further solidifies investor confidence.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100