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Stock impact report

Why Agilysys (AGYS) Stock Is Falling Today [Yahoo! Finance]

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: Yahoo! Finance
Although Agilysys posted revenue of $80.39 million, which grew 15.6% year-over-year and surpassed analysts' forecasts, the beat on the top line was not enough to satisfy investors. The main point of concern was profitability, as the company's adjusted earnings per share of $0.42 fell short of the $0.46 consensus estimate. While Agilysys did slightly raise its full-year revenue guidance to $318 million, this positive note was overshadowed by the earnings miss, leading to the significant drop in its share price. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Agilysys? Access our full analysis report here, it's free Agilysys's shares are somewhat volatile and have had 12 moves greater than 5% over the last year. But moves this big are rare even for Agilysys and indicate this news significantly impacted the market's perception of the business. The previous big move we wrote about was 13 days Show less Read more
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