Agilysys: Fiscal Q2 Earnings Snapshot

ALPHARETTA, Ga. (AP) — ALPHARETTA, Ga. (AP) — Agilysys Inc. (AGYS) on Monday reported fiscal second-quarter net income of $13.2 million.

The Alpharetta, Georgia-based company said it had profit of 46 cents per share. Earnings, adjusted for one-time gains and costs, came to 67 cents per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 55 cents per share.

The software provider for the lodging and leisure sectors posted revenue of $93.4 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $91.3 million.

Agilysys expects full-year revenue in the range of $374 million to $378 million.

Agilysys shares have increased roughly 4% since the beginning of the year. In the final minutes of trading on Monday, shares hit $123.36, a climb of almost 6% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AGYS at https://www.zacks.com/ap/AGYS