Why Shares of Agilysys Are Up Today

Shares of Agilysys (NASDAQ: AGYS), a hospitality software company, were climbing higher today after the company reported better-than-expected fourth-quarter results that surpassed Wall Street's top- and bottom-line estimates. 

The tech stock had gained 12.7% as of 10:45 a.m. ET.  

Agilysys reported sales of $46.6 million -- up 28.3% from the year-ago quarter -- which easily beat analysts' consensus estimate of $43.8 million for the quarter. 

Continue reading


Source Fool.com