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Stock impact report

Agilysys Announces Response to COVID-19

Agilysys, Inc. (AGYS) 
Last agilysys, inc. earnings: 1/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: agilysys.com/en/company/investor-relations
Company Research Source: Business Wire
Cost Cutting Measures Add to Strong Balance Sheet Including $46.5 Million of Cash and No Bank Debt ALPHARETTA, Ga.--(BUSINESS WIRE)--Agilysys, Inc. (Nasdaq: AGYS), a global provider of next-generation hospitality software solutions and services, today 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 q Show less Read more
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