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Agilysys names Dave Wood new CFO » 19:50
05/26/20
05/26
19:50
05/26/20
19:50
AGYS

Agilysys

$20.08 /

+0.46 (+2.34%)

Agilysys announced that…

Agilysys announced that Dave Wood, Vice President - Corporate Strategy & Investor Relations, will become its CFO on June 1, 2020. The appointment follows the resignation of Tony Pritchett, current CFO, who is leaving to pursue other opportunities. Dave Wood has been the company's Vice President, Corporate Strategy & Investor Relations since June 2019, after having served as Agilysys Vice President - Finance. Following his resignation, Tony Pritchett will remain with the company until June 30 to assist with the transition. Dave joined Agilysys in 2011 as the Controller of the Hospitality Division.

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AGYS Agilysys
$20.08 /

+0.46 (+2.34%)

AGYS Agilysys
$20.08 /

+0.46 (+2.34%)

05/22/20 National Securities
Agilysys downgraded to Neutral from Buy at National Securities
04/16/20 BTIG
Agilysys initiated with a Neutral at BTIG
03/16/20 Craig-Hallum
Agilysys price target lowered to $27 from $40 at Craig-Hallum
01/29/20 Craig-Hallum
Agilysys price target raised to $40 from $32 at Craig-Hallum
AGYS Agilysys
$20.08 /

+0.46 (+2.34%)

AGYS Agilysys
$20.08 /

+0.46 (+2.34%)

Friday
Downgrade
Agilysys downgraded to Neutral from Buy at National Securities » 07:34
05/22/20
05/22
07:34
05/22/20
07:34
AGYS

Agilysys

$20.11 /

+0.79 (+4.09%)

National Securities…

National Securities analyst Allen Klee downgraded Agilysys to Neutral from Buy with a $20 price target.

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AGYS Agilysys
$20.11 /

+0.79 (+4.09%)

AGYS Agilysys
$20.11 /

+0.79 (+4.09%)

04/16/20 BTIG
Agilysys initiated with a Neutral at BTIG
03/16/20 Craig-Hallum
Agilysys price target lowered to $27 from $40 at Craig-Hallum
01/29/20 Craig-Hallum
Agilysys price target raised to $40 from $32 at Craig-Hallum
12/03/19 Craig-Hallum
Agilysys initiated with a Buy at Craig-Hallum
AGYS Agilysys
$20.11 /

+0.79 (+4.09%)

AGYS Agilysys
$20.11 /

+0.79 (+4.09%)

Over a week ago
On The Fly
Fly Intel: After-Hours Movers » 19:01
05/21/20
05/21
19:01
05/21/20
19:01
PANW

Palo Alto Networks

$229.36 /

-4.89 (-2.09%)

, RAMP

LiveRamp

$38.70 /

-0.16 (-0.41%)

, CRMT

America's Car-Mart

$73.77 /

+2.825 (+3.98%)

, ELF

e.l.f. Beauty

$14.56 /

+0.34 (+2.39%)

, A

Agilent

$80.84 /

-0.83 (-1.02%)

, SPLK

Splunk

$163.27 /

+0.11 (+0.07%)

, DECK

Deckers Brands

$167.93 /

+5.83 (+3.60%)

, PRSP

Perspecta

$22.93 /

-0.4 (-1.71%)

, PLUS

ePlus

$76.14 /

+4.14 (+5.75%)

, NAVB

Navidea

$1.32 /

+0.06 (+4.76%)

, USFD

US Foods

$18.56 /

-0.24 (-1.28%)

, NYMT

New York Mortgage

$2.04 /

+0.105 (+5.43%)

, AGYS

Agilysys

$20.11 /

+0.79 (+4.09%)

, HPE

HP Enterprise

$10.35 /

+0.07 (+0.68%)

, LGF.A

Lionsgate

$8.61 /

+0.13 (+1.53%)

, ROST

Ross Stores

$97.01 /

+6.1 (+6.71%)

, INTU

Intuit

$290.30 /

-0.4 (-0.14%)

, CHUY

Chuy's

$16.13 /

+0.09 (+0.56%)

, NVDA

Nvidia

$351.01 /

-7.78 (-2.17%)

, SNDX

Syndax

$20.51 /

+0.34 (+1.69%)

, GERN

Geron

$1.95 /

+0.06 (+3.17%)

, CFRX

ContraFect

$5.38 /

-0.22 (-3.93%)

, DSS

Document Security

$8.50 /

+0.22 (+2.66%)

, H

Hyatt

$53.45 /

-0.49 (-0.91%)

Check out this evening's…

Open Full Text

ShowHide Related Items >><<
USFD US Foods
$18.56 /

-0.24 (-1.28%)

SPLK Splunk
$163.27 /

+0.11 (+0.07%)

SNDX Syndax
$20.51 /

+0.34 (+1.69%)

ROST Ross Stores
$97.01 /

+6.1 (+6.71%)

RAMP LiveRamp
$38.70 /

-0.16 (-0.41%)

PRSP Perspecta
$22.93 /

-0.4 (-1.71%)

PLUS ePlus
$76.14 /

+4.14 (+5.75%)

PANW Palo Alto Networks
$229.36 /

-4.89 (-2.09%)

NYMT New York Mortgage
$2.04 /

+0.105 (+5.43%)

NVDA Nvidia
$351.01 /

-7.78 (-2.17%)

NAVB Navidea
$1.32 /

+0.06 (+4.76%)

LGF.A Lionsgate
$8.61 /

+0.13 (+1.53%)

INTU Intuit
$290.30 /

-0.4 (-0.14%)

HPE HP Enterprise
$10.35 /

+0.07 (+0.68%)

H Hyatt
$53.45 /

-0.49 (-0.91%)

GERN Geron
$1.95 /

+0.06 (+3.17%)

ELF e.l.f. Beauty
$14.56 /

+0.34 (+2.39%)

DSS Document Security
$8.50 /

+0.22 (+2.66%)

DECK Deckers Brands
$167.93 /

+5.83 (+3.60%)

CRMT America's Car-Mart
$73.77 /

+2.825 (+3.98%)

CHUY Chuy's
$16.13 /

+0.09 (+0.56%)

CFRX ContraFect
$5.38 /

-0.22 (-3.93%)

AGYS Agilysys
$20.11 /

+0.79 (+4.09%)

A Agilent
$80.84 /

-0.83 (-1.02%)

PANW Palo Alto Networks
$229.36 /

-4.89 (-2.09%)

05/20/20 Wells Fargo
Palo Alto Networks price target raised to $250 from $225 at Wells Fargo
05/20/20 Monness Crespi
Palo Alto Networks price target raised to $255 from $210 at Monness Crespi
05/19/20 Dougherty
Dougherty sees Palo Alto set up for rebound, upgrades to Buy
05/19/20 Dougherty
Palo Alto Networks upgraded to Buy from Neutral at Dougherty
RAMP LiveRamp
$38.70 /

-0.16 (-0.41%)

04/27/20 Needham
LiveRamp price target lowered to $57 from $70 at Needham
04/21/20 Berenberg
LiveRamp initiated with a Buy at Berenberg
03/13/20 Stephens
LiveRamp weakness creates 'real opportunity,' says Stephens
01/26/20 First Analysis
First Analysis sees continued top-line momentum in 2020 for LiveRamp
CRMT America's Car-Mart
$73.77 /

+2.825 (+3.98%)

03/27/20 Stephens
America's Car-Mart upgraded to Overweight from Equal Weight at Stephens
02/13/20 Janney Montgomery Scott
America's Car-Mart downgraded to Neutral from Buy at Janney Montgomery Scott
ELF e.l.f. Beauty
$14.56 /

+0.34 (+2.39%)

04/08/20 Piper Sandler
Piper lays out winners and losers in survey of 5,200 teens
03/18/20 DA Davidson
e.l.f. Beauty price target lowered to $12 from $24.50 at DA Davidson
02/06/20 Piper Sandler
e.l.f. Beauty price target raised to $23 from $19 at Piper Sandler
02/04/20
Fly Intel: Top five analyst upgrades
A Agilent
$80.84 /

-0.83 (-1.02%)

03/30/20 Wells Fargo
Agilent price target lowered to $82 from $100 at Wells Fargo
02/24/20 Needham
Agilent downgraded to Hold from Buy at Needham
02/24/20 Needham
Agilent downgraded to Hold from Buy at Needham
02/19/20 Piper Sandler
Agilent price target raised to $96 from $86 at Piper Sandler
SPLK Splunk
$163.27 /

+0.11 (+0.07%)

05/14/20 Cleveland Research
Splunk estimates at risk amid enterprise weakness, says Cleveland Research
04/27/20 Needham
Splunk price target lowered to $168 from $181 at Needham
04/24/20 Cowen
Splunk downgraded to Market Perform at Cowen
04/24/20 Cowen
Splunk downgraded to Market Perform from Outperform at Cowen
DECK Deckers Brands
$167.93 /

+5.83 (+3.60%)

05/18/20 Wedbush
Deckers Brands price target raised to $155 from $145 at Wedbush
05/15/20 Pivotal Research
Deckers Brands price target lowered to $165 from $217 at Pivotal Research
05/14/20 Wells Fargo
Wells Fargo downgrades Steven Madden to Underweight on brand weakness
04/28/20 BTIG
Deckers Brands initiated with a Buy at BTIG
PRSP Perspecta
$22.93 /

-0.4 (-1.71%)

04/02/20 Wells Fargo
Perspecta price target lowered to $18.50 from $26 at Wells Fargo
03/30/20 William Blair
Perspecta initiated with a Market Perform at William Blair
03/25/20 Wells Fargo
Good news for government contractors in COVID -19 bill, says Wells Fargo
02/25/20 Morgan Stanley
Morgan Stanley upgrades Perspecta to Equal Weight on overhang removal
PLUS ePlus
$76.14 /

+4.14 (+5.75%)

02/11/20 Berenberg
ePlus upgraded to Buy from Hold at Berenberg
02/06/20 Sidoti
ePlus upgraded to Buy after earnings at Sidoti
02/06/20 Sidoti
ePlus upgraded to Buy from Neutral at Sidoti
11/14/19 Sidoti
ePlus downgraded to Neutral from Buy at Sidoti
NAVB Navidea
$1.32 /

+0.06 (+4.76%)

11/22/19 H.C. Wainwright
Navidea initiated with a Buy at H.C. Wainwright
07/11/19
Fly Intel: Top five analyst initiations
07/11/19 Maxim
Navidea initiated with a Buy at Maxim
07/11/19 Maxim
Navidea initiated with a Buy at Maxim
USFD US Foods
$18.56 /

-0.24 (-1.28%)

05/18/20 Guggenheim
US Foods price target lowered to $30 from $50 at Guggenheim
04/27/20 Credit Suisse
US Foods price target lowered to $27 from $47 at Credit Suisse
04/23/20 BMO Capital
US Foods downgraded to Market Perform from Outperform at BMO Capital
04/06/20 JPMorgan
US Foods price target lowered to $24 from $45 at JPMorgan
NYMT New York Mortgage
$2.04 /

+0.105 (+5.43%)

04/24/20 Credit Suisse
New York Mortgage upgraded to Neutral from Underperform at Credit Suisse
04/24/20 Credit Suisse
New York Mortgage upgraded to Neutral from Underperform at Credit Suisse
03/25/20 Maxim
AGNC Investment, New York Mortgage Trust cut to Hold at Maxim
03/25/20 Maxim
New York Mortgage downgraded to Hold from Buy at Maxim
AGYS Agilysys
$20.11 /

+0.79 (+4.09%)

04/16/20 BTIG
Agilysys initiated with a Neutral at BTIG
03/16/20 Craig-Hallum
Agilysys price target lowered to $27 from $40 at Craig-Hallum
01/29/20 Craig-Hallum
Agilysys price target raised to $40 from $32 at Craig-Hallum
12/03/19 Craig-Hallum
Agilysys initiated with a Buy at Craig-Hallum
HPE HP Enterprise
$10.35 /

+0.07 (+0.68%)

05/19/20 Barclays
Barclays lowers estimates in IT hardware after April survey
04/27/20 Loop Capital
Xerox, Park City, NetApp, HP Enterprise cut to Hold from Buy at Loop Capital
04/27/20 Loop Capital
HP Enterprise downgraded to Hold from Buy at Loop Capital
04/22/20
Fly Intel: Top five analyst initiations
LGF.A Lionsgate
$8.61 /

+0.13 (+1.53%)

04/27/20 RBC Capital
Lionsgate initiated with a Sector Perform at RBC Capital
04/22/20 Deutsche Bank
Lionsgate price target lowered to $10 from $22 at Deutsche Bank
04/21/20 JPMorgan
Lionsgate price target lowered to $11 from $14 at JPMorgan
03/23/20
Lionsgate participates in a conference call with SunTrust
ROST Ross Stores
$97.01 /

+6.1 (+6.71%)

05/19/20 Jefferies
TJX to benefit from 'biggest liquidation sale in history,' says Jefferies
05/11/20 Nomura Instinet
Ross Stores price target raised to $100 from $80 at Nomura Instinet
04/28/20 DA Davidson
Ross Stores upgraded to Buy from Neutral at DA Davidson
04/28/20 DA Davidson
Ross Stores upgraded to Buy from Neutral at DA Davidson
INTU Intuit
$290.30 /

-0.4 (-0.14%)

05/19/20 KeyBanc
Intuit price target raised to $315 from $285 at KeyBanc
05/05/20 KeyBanc
Intuit price target raised to $285 from $275 at KeyBanc
04/17/20 RBC Capital
Intuit lowered to $280 from $345 at RBC Capital
04/13/20 Jefferies
Jefferies continues to like Intuit after approval for small business lending
CHUY Chuy's
$16.13 /

+0.09 (+0.56%)

04/23/20 BMO Capital
Chuy's upgraded to Market Perform from Underperform at BMO Capital
04/20/20 Raymond James
Chuy's price target raised to $17 from $14 at Raymond James
04/08/20 Wedbush
Chuy's price target lowered to $17 from $26 at Wedbush
04/02/20 Raymond James
Chuy's upgraded to Outperform from Market Perform at Raymond James
NVDA Nvidia
$351.01 /

-7.78 (-2.17%)

05/21/20 Credit Suisse
Nvidia reinstated with an Outperform at Credit Suisse
05/19/20 RBC Capital
Nvidia price target raised to $385 from $350 at RBC Capital
05/19/20 Susquehanna
Nvidia price target raised to $410 from $355 at Susquehanna
05/18/20
Fly Intel: Top five analyst upgrades
SNDX Syndax
$20.51 /

+0.34 (+1.69%)

05/18/20 Citi
Syndax downgraded to Neutral from Buy at Citi
05/11/20 H.C. Wainwright
Syndax price target raised to $25 from $19 at H.C. Wainwright
05/08/20 Nomura Instinet
Syndax price target raised to $31 from $16 at Nomura Instinet
05/04/20 Baird
Syndax risk/reward solid following positive clinical data, says Baird
GERN Geron
$1.95 /

+0.06 (+3.17%)

11/19/19 B. Riley FBR
B. Riley FBR resumes Geron with Buy rating, $4 price target
11/19/19 B. Riley FBR
Geron resumed with a Buy at B. Riley FBR
09/03/19 H.C. Wainwright
Geron initiated with a Buy at H.C. Wainwright
08/15/19 Cantor Fitzgerald
Geron initiated with an Overweight at Cantor Fitzgerald
CFRX ContraFect
$5.38 /

-0.22 (-3.93%)

10/02/19 Piper Sandler
Piper says design differentiates ContraFect trial from other antibiotic studies
06/11/19 Maxim
ContraFect initiated with a Buy at Maxim
DSS Document Security
$8.50 /

+0.22 (+2.66%)

10/10/19 Aegis
Document Security initiated with a Buy rating at Aegis
H Hyatt
$53.45 /

-0.49 (-0.91%)

05/08/20
Fly Intel: Top five analyst downgrades
05/08/20 Deutsche Bank
Hyatt price target lowered to $54 from $86 at Deutsche Bank
05/08/20 Macquarie
Hyatt downgraded to Neutral from Outperform at Macquarie
04/22/20 BofA
Choice Hotels upgraded to Neutral from Underperform at Bofa
USFD US Foods
$18.56 /

-0.24 (-1.28%)

SPLK Splunk
$163.27 /

+0.11 (+0.07%)

SNDX Syndax
$20.51 /

+0.34 (+1.69%)

ROST Ross Stores
$97.01 /

+6.1 (+6.71%)

RAMP LiveRamp
$38.70 /

-0.16 (-0.41%)

PRSP Perspecta
$22.93 /

-0.4 (-1.71%)

PLUS ePlus
$76.14 /

+4.14 (+5.75%)

PANW Palo Alto Networks
$229.36 /

-4.89 (-2.09%)

NYMT New York Mortgage
$2.04 /

+0.105 (+5.43%)

NVDA Nvidia
$351.01 /

-7.78 (-2.17%)

LGF.A Lionsgate
$8.61 /

+0.13 (+1.53%)

INTU Intuit
$290.30 /

-0.4 (-0.14%)

HPE HP Enterprise
$10.35 /

+0.07 (+0.68%)

H Hyatt
$53.45 /

-0.49 (-0.91%)

GERN Geron
$1.95 /

+0.06 (+3.17%)

ELF e.l.f. Beauty
$14.56 /

+0.34 (+2.39%)

DSS Document Security
$8.50 /

+0.22 (+2.66%)

DECK Deckers Brands
$167.93 /

+5.83 (+3.60%)

CRMT America's Car-Mart
$73.77 /

+2.825 (+3.98%)

CHUY Chuy's
$16.13 /

+0.09 (+0.56%)

CFRX ContraFect
$5.38 /

-0.22 (-3.93%)

AGYS Agilysys
$20.11 /

+0.79 (+4.09%)

A Agilent
$80.84 /

-0.83 (-1.02%)

  • 22
    May
  • 22
    May
  • 22
    May
ROST Ross Stores
$97.01 /

+6.1 (+6.71%)

PANW Palo Alto Networks
$229.36 /

-4.89 (-2.09%)

NVDA Nvidia
$351.01 /

-7.78 (-2.17%)

LGF.A Lionsgate
$8.61 /

+0.13 (+1.53%)

INTU Intuit
$290.30 /

-0.4 (-0.14%)

HPE HP Enterprise
$10.35 /

+0.07 (+0.68%)

H Hyatt
$53.45 /

-0.49 (-0.91%)

A Agilent
$80.84 /

-0.83 (-1.02%)

USFD US Foods
$18.56 /

-0.24 (-1.28%)

SPLK Splunk
$163.27 /

+0.11 (+0.07%)

SNDX Syndax
$20.51 /

+0.34 (+1.69%)

RAMP LiveRamp
$38.70 /

-0.16 (-0.41%)

PRSP Perspecta
$22.93 /

-0.4 (-1.71%)

PANW Palo Alto Networks
$229.36 /

-4.89 (-2.09%)

NYMT New York Mortgage
$2.04 /

+0.105 (+5.43%)

NVDA Nvidia
$351.01 /

-7.78 (-2.17%)

LGF.A Lionsgate
$8.61 /

+0.13 (+1.53%)

INTU Intuit
$290.30 /

-0.4 (-0.14%)

HPE HP Enterprise
$10.35 /

+0.07 (+0.68%)

H Hyatt
$53.45 /

-0.49 (-0.91%)

ELF e.l.f. Beauty
$14.56 /

+0.34 (+2.39%)

DECK Deckers Brands
$167.93 /

+5.83 (+3.60%)

CHUY Chuy's
$16.13 /

+0.09 (+0.56%)

A Agilent
$80.84 /

-0.83 (-1.02%)

SPLK Splunk
$163.27 /

+0.11 (+0.07%)

ROST Ross Stores
$97.01 /

+6.1 (+6.71%)

PANW Palo Alto Networks
$229.36 /

-4.89 (-2.09%)

NYMT New York Mortgage
$2.04 /

+0.105 (+5.43%)

NVDA Nvidia
$351.01 /

-7.78 (-2.17%)

INTU Intuit
$290.30 /

-0.4 (-0.14%)

HPE HP Enterprise
$10.35 /

+0.07 (+0.68%)

H Hyatt
$53.45 /

-0.49 (-0.91%)

A Agilent
$80.84 /

-0.83 (-1.02%)

Earnings
Agilysys sees Q1 revenue to decrease by as much as 35% y/y » 16:11
05/21/20
05/21
16:11
05/21/20
16:11
AGYS

Agilysys

$20.06 /

+0.74 (+3.83%)

"Agilysys is closely…

"Agilysys is closely monitoring the impact of COVID-19 on the hospitality market with our primary focus being the safety of our employees and customers as we manage through these unprecedented times," the company said. "Given the sudden impact of COVID-19 and the rapidly changing environment, we are not releasing full fiscal year 2021 guidance at this time. However, we expect the global pandemic to have an impact on our revenue in the short term. We are expecting Q1 fiscal 2021 revenue to decrease over the prior year by as much as 35% which we expect would result in Q1 fiscal 2021 Adjusted EBITDA of approximately break-even for the quarter."

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AGYS Agilysys
$20.06 /

+0.74 (+3.83%)

AGYS Agilysys
$20.06 /

+0.74 (+3.83%)

04/16/20 BTIG
Agilysys initiated with a Neutral at BTIG
03/16/20 Craig-Hallum
Agilysys price target lowered to $27 from $40 at Craig-Hallum
01/29/20 Craig-Hallum
Agilysys price target raised to $40 from $32 at Craig-Hallum
12/03/19 Craig-Hallum
Agilysys initiated with a Buy at Craig-Hallum
AGYS Agilysys
$20.06 /

+0.74 (+3.83%)

Earnings
Agilysys reports Q4 adjusted EPS 5c, consensus (5c » 16:10
05/21/20
05/21
16:10
05/21/20
16:10
AGYS

Agilysys

$20.23 /

+0.91 (+4.71%)

Reports Q4 revenue…

Reports Q4 revenue $39.7M, consensus $39.83M. Ramesh Srinivasan, President and CEO of Agilysys, commented, "In spite of the significant pandemic related business challenges during the month of March, fiscal year 2020 was a major positive business momentum shift year for us. Beginning with three consecutive quarters of record revenue levels, Q4 fiscal 2020 was on pace to be a very successful sales quarter, and another record revenue quarter, prior to a disappointing ending shaped by COVID-19. As a result, we ended fiscal 2020 with full year revenue growth of 14.1%, compared to our expectation of 16% growth. The record $160.8 million fiscal 2020 revenue included an $8.2 million year-over-year increase in full year recurring revenue, which was the largest single year improvement in annual recurring revenue in six years signifying a successful year with respect to customer retention and business expansion. The increase in recurring revenue included the second consecutive year with a 24% rise in annual subscription revenue. In addition, the fiscal year-end cash balance grew to $46.7 million, our best cash balance position at the end of a quarter since March 2017."

ShowHide Related Items >><<
AGYS Agilysys
$20.23 /

+0.91 (+4.71%)

AGYS Agilysys
$20.23 /

+0.91 (+4.71%)

04/16/20 BTIG
Agilysys initiated with a Neutral at BTIG
03/16/20 Craig-Hallum
Agilysys price target lowered to $27 from $40 at Craig-Hallum
01/29/20 Craig-Hallum
Agilysys price target raised to $40 from $32 at Craig-Hallum
12/03/19 Craig-Hallum
Agilysys initiated with a Buy at Craig-Hallum
AGYS Agilysys
$20.23 /

+0.91 (+4.71%)

Over a month ago
Initiation
Agilysys initiated with a Neutral at BTIG » 06:46
04/16/20
04/16
06:46
04/16/20
06:46
AGYS

Agilysys

$17.22 /

-0.97 (-5.33%)

BTIG analyst Matt…

BTIG analyst Matt VanVliet initiated coverage of Agilysys with a Neutral rating. The analyst notes that the company's point-of-sale and property management software has focused on the gaming, hotels, resorts and cruise line segments of the hospitality industry, and the outbreak of COVID-19 has created a significant overhang on its operations, growth outlook, and overall margin profile for the foreseeable future.

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AGYS Agilysys
$17.22 /

-0.97 (-5.33%)

03/16/20 Craig-Hallum
Agilysys price target lowered to $27 from $40 at Craig-Hallum
01/29/20 Craig-Hallum
Agilysys price target raised to $40 from $32 at Craig-Hallum
12/03/19 Craig-Hallum
Agilysys initiated with a Buy at Craig-Hallum
10/16/19 National Securities
Agilysys initiated with a Buy at National Securities
Hot Stocks
Agilysys says will miss Q4 revenue guidance » 16:06
04/08/20
04/08
16:06
04/08/20
16:06
AGYS

Agilysys

$19.15 /

+2.21 (+13.05%)

Agilysys reported a set…

Agilysys reported a set of actions in response to COVID-19. Ramesh Srinivasan, President and CEO of Agilysys, commented, "During these extraordinarily challenging times, the health and safety of our employees and customers remain our greatest concern. We are continuing to provide uninterrupted service to our customers. The working-from-home arrangement for practically our entire global workforce has worked out smoothly. We remain healthy and productive. We do expect revenue and profitability levels for the fourth quarter of fiscal 2020 and the next fiscal year to be negatively affected by the current significant market headwinds. The extent of the negative effect for the next fiscal year is unpredictable at this time. We will miss the Jan-Mar quarter (Q4 of FY20) revenue guidance outlined in our last quarterly earnings release. However, we remain confident that all the competitive advantages we have worked hard to build during the past few years will serve us well once the economic environment starts moving towards normalcy. We entered these tough times with no bank debt and our highest cash position since June 2017. We ended this fourth quarter with over $46 million in cash. While we face an uncertain near-term environment, we remain confident we will do well and continue our growth path on the other side of this crisis. We are currently taking significant steps to improve our own financial position while supporting our valued customers over the short, medium and long term. For the next 6 months, my CEO salary will be reduced to zero and significant salary reductions will be put in place for all our senior employees including the board of directors and the executive management team. In addition, unfortunately, we are also reducing our staffing levels, both on a permanent and temporary basis, in roles not essential to managing the short-term in this current environment. There are several other major cost reduction measures that we have implemented. We are fortunate to be in a business where our recurring revenue is not transaction based and our software applications are mission critical for our valued customers. We are working to help our customers through these challenging circumstances. We are in a good position to have a significant number of cost dials we can manage as necessary, without slowing down our pace of product innovation."

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Agilysys management to meet with Sidoti » 04:55
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Meetings to be held in…

Meetings to be held in Chicago/Milwaukee on March 19 and in New York on March 20 hosted by Sidoti.

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AGYS Agilysys
$14.79 /

+1.8 (+13.86%)

03/16/20 Craig-Hallum
Agilysys price target lowered to $27 from $40 at Craig-Hallum
01/29/20 Craig-Hallum
Agilysys price target raised to $40 from $32 at Craig-Hallum
12/03/19 Craig-Hallum
Agilysys initiated with a Buy at Craig-Hallum
10/16/19 National Securities
Agilysys initiated with a Buy at National Securities
Conference/Events
Agilysys management to meet with Sidoti » 04:55
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Meetings to be held in…

Meetings to be held in Chicago/Milwaukee on March 19 and in New York on March 20 hosted by Sidoti.

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AGYS Agilysys
$12.99 /

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03/16/20 Craig-Hallum
Agilysys price target lowered to $27 from $40 at Craig-Hallum
01/29/20 Craig-Hallum
Agilysys price target raised to $40 from $32 at Craig-Hallum
12/03/19 Craig-Hallum
Agilysys initiated with a Buy at Craig-Hallum
10/16/19 National Securities
Agilysys initiated with a Buy at National Securities
Conference/Events
Agilysys management to meet with Sidoti » 10:01
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03/16
10:01
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$20.41 /

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Meetings to be held in…

Meetings to be held in Chicago/Milwaukee on March 19 and in New York on March 20 hosted by Sidoti.

ShowHide Related Items >><<
AGYS Agilysys
$20.41 /

+ (+0.00%)

03/16/20 Craig-Hallum
Agilysys price target lowered to $27 from $40 at Craig-Hallum
01/29/20 Craig-Hallum
Agilysys price target raised to $40 from $32 at Craig-Hallum
12/03/19 Craig-Hallum
Agilysys initiated with a Buy at Craig-Hallum
10/16/19 National Securities
Agilysys initiated with a Buy at National Securities

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