Agilysys, Inc. reported record first quarter fiscal 2027 revenue of $87.7 million, a 14.3% year-over-year increase. The company raised its full-year fiscal 2027 total revenue guidance to a range of $368 million to $373 million and increased its subscription revenue growth guidance to at least 32%. Net income for the quarter was $9.0 million, or $0.32 per diluted share, while adjusted EBITDA was $18.3 million. Agilysys, Inc. provides hospitality software solutions and services globally.

Agilysys, Inc. entered into a new three-year employment agreement with CEO and President Ramesh Srinivasan on June 18, 2026. The agreement includes a $600,000 annual base salary, an annual target bonus of 100% of base salary with a maximum of 150%, and a $6,800,000 RSU grant of 78,269 units. Agilysys, Inc. provides hospitality technology solutions and software services.