Agilysys, Inc.

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Investigation Details

On January 21, 2025, Agilysys issued a press release announcing third quarter revenue below expectations and the company’s own guidance, resulting in a significant revision to Agilysys’ FY25 revenue guidance. CEO Srinivasan admitted they “underestimated the sales challenges on the point-of-sale POS side of the equation,” that the year “could have been a lot better,” and that they “could have also done a lot better with the speed of hiring for the implementation services teams.”

Following this news, Agilysys’ stock price fell by $26.53 per share and is currently trading at $99.38 per share.