Why did AGYS's Q3 2025 earnings fall short of forecasts?

AGYS's Q3 2025 earnings fell short of forecasts due to a combination of factors: 1. **Challenges in Product Sales and International Markets**: Despite strong subscription growth, Agilysys faced challenges in product sales and international markets. This likely impacted revenue and profitability. 2. **Macroeconomic Uncertainty and Tariff-Related Issues**: The software sector, including Agilysys, has been affected by macroeconomic uncertainty and worries about AI’s lack of profitability. These factors could have contributed to the company's disappointing earnings. In summary, Agilysys's Q3 2025 earnings fell short of forecasts due to challenges in product sales, international markets, macroeconomic uncertainty, and tariff-related issues.