StockNews.AI
AGYS
Barrons
209 days

Agilysys Stock Tumbles 20% After Earnings Beat. Guidance Slashed. - Barron's

1. Agilysys shares fell 20% after revenue guidance cut. 2. Q3 earnings beat estimates but revenues missed consensus expectations. 3. Subscription revenue growth was strong, but one-time revenue declined. 4. Fiscal 2025 revenue outlook lowered to $273 million from $280-$285 million. 5. Needham analysts maintain 'Buy' rating, lowering price target to $125.

3m saved
Insight
Article

FAQ

Why Bearish?

Revenue guidance cut can hurt investor confidence and lead to further declines.

How important is it?

Guidance and earnings affect investor perceptions and stock price directly.

Why Short Term?

Immediate market reaction to guidance and earnings results likely to affect prices soon.

Related Companies

Related News