Agilysys' first quarter fiscal 2027 revenue grew 14.3% to $87.7M, prompting a full-year guidance raise.

Agilysys reported first quarter fiscal 2027 revenue of $87.7 million and adjusted EPS of $0.49, beating analyst estimates of $85.85 million and $0.40, respectively. The results were driven by strong growth in subscription revenue, leading the company to raise its full-year guidance.

Key Highlights

• Total revenue grew 14.3% year-over-year to a record $87.7 million, marking the 18th consecutive quarter of record revenue.
• Subscription revenue increased 26.1% year-over-year, accelerating from the prior quarter and exceeding analyst expectations.
• The company raised its full-year fiscal 2027 guidance, increasing its total revenue forecast to a range of $368 to $373 million and lifting its subscription revenue growth outlook to at least 32%.