Agilysys Q3 2025: Record Revenue Amid POS Challenges and International Growth Prospects
Wednesday, Jan 22, 2025 6:47 am ET
1min read Revenue Surge and New Product Sales:
- Agilysys reported a record revenue of $69.6 million for Q3, representing a 14.9% year-on-year increase.
- The growth was driven by a successful sales quarter with 70% higher sales in Property Management Systems (PMS) and PMS-related modules compared to the prior year.
Challenges in Point-of-Sale (POS) Sales:
- Agilysys faced challenges with POS sales, which fell short of expectations in the managed food services vertical.
- This was due to delays in transitioning older technology to new, cloud-native solutions, making products more complex to install and maintain.
Strong Subscription Revenue Growth:
- Subscription revenue reached a record $28.3 million in Q3, marking a 45.1% year-on-year increase.
- The growth is attributed to increased adoption of modernized and unified cloud-native products by new and existing customers.
International Sales Opportunities:
- Agilysys expects the next quarter to potentially be a record for international sales, due to significant sales opportunities in APAC and EMEA regions.
- This expectation is driven by building brand reputation and expanding referenceable customer bases in these regions.
- Agilysys reported a record revenue of $69.6 million for Q3, representing a 14.9% year-on-year increase.
- The growth was driven by a successful sales quarter with 70% higher sales in Property Management Systems (PMS) and PMS-related modules compared to the prior year.
Challenges in Point-of-Sale (POS) Sales:
- Agilysys faced challenges with POS sales, which fell short of expectations in the managed food services vertical.
- This was due to delays in transitioning older technology to new, cloud-native solutions, making products more complex to install and maintain.
Strong Subscription Revenue Growth:
- Subscription revenue reached a record $28.3 million in Q3, marking a 45.1% year-on-year increase.
- The growth is attributed to increased adoption of modernized and unified cloud-native products by new and existing customers.
International Sales Opportunities:
- Agilysys expects the next quarter to potentially be a record for international sales, due to significant sales opportunities in APAC and EMEA regions.
- This expectation is driven by building brand reputation and expanding referenceable customer bases in these regions.
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