Accelerating revenue from professional services form a leading indicator for a subsequent rise in subscription revenues. These, together with a considerable operational leverage and increasing up-selling and cross-selling opportunities, will still provide Agilysys with further upside, although we think the shares will undergo some consolidation of recent gains before that.
Agilysys (AGYS) is a leading integrated POS (point of sale) and PMS (property management system) vendor for the hospitality sector. The shares have been gaining strength on the basis of an improved product portfolio.
Revenues have been steadily climbing and operational results have