Agilysys Announces Fiscal 2023 Fourth Quarter Record Revenue of $52.9M and Full Year Record Revenue of $198.1M
Agilysys | May 17, 2023
Annual Revenue Includes Recurring Revenue of $118.3M and Subscription Revenue Growth of 27.5% Annual Record Adjusted EBITDA of $30.3M, Free Cash Flow of $27.2M and GAAP EPS of $0.49 Fiscal 2024 Annual Revenue Expected To Grow To $230M to $235M With Full Year Adjusted EBITDA of 13% ALPHARETTA, GA – May 17, 2023 - Agilysys, Inc. (NASDAQ: AGYS), a leading global provider of hospitality software solutions that deliver High Return Hospitality, today reported operating results for its fiscal 2023 fourth quarter and full year ending March 31, 2023. Summary of Fiscal 2023 Fourth Quarter Financial Results • Total net revenue increased 13...
Penn State School of Hospitality Management Research Shows Results Mixed On Whether Corporate Social Efforts Help Improve Company Finances
Penn State’s School of Hospitality Management | February 16, 2023
UNIVERSITY PARK, PA – The modern practice of corporate social responsibility (CSR) started to emerge in the 1950s when the public began to expect companies to ‘give something back,’ according to Seoki Lee, associate professor of hospitality management at Penn State. In the early 20th century, this typically took the form of financial donations to independent charitable causes that were often the first thing cut from budgets when corporate profits dipped. Today, CSR often involves long-term, corporation-led efforts to address socioeconomic, social justice and/or environmental issues. Despite the long history and continued evolution of...
New Waterloo Expands Into Cleveland, Ohio With Adaptive Reuse of Historic Baker Building in Partnership With Nuovore
Red Roof Continues Western Expansion With New Dual-Branded Red Roof Inn & Hometowne Studios in Northern California
Winter Haven Hotel Miami Beach Unveils New Renovation
Life House Expands Into Oaxaca With the Management of Casa Yuma in Puerto Escondido, Mexico
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