Source: PR-Inside

Press Release: Agilysys : Did Agilysys, Inc. Mislead Investors? Shareholder Rights Advocates ...

(PR-inside.com) NEW YORK, NY / ACCESS Newswire / April 16, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Agilysys, Inc. ("Agilysys, Inc.") (NASDAQ:AGYS) concerning possible violations of federal securities laws. On January 21, 2025, after the market closed, Agilysys issued a press release announcing third quarter revenue below expectations and the company's own guidance, resulting in a significant revision to Agilysys' FY25 revenue guidance. CEO Srinivasan admitted they "underestimated the sales challenges on the point-of-sale POS side of the equation," that the year "could have been a lot better," and that they "could have also done ..

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Annual Revenue
$100-500M
Employees
1.0-5.0K
Ramesh Srinivasan's photo - President & CEO of Agilysys

President & CEO

Ramesh Srinivasan

CEO Approval Rating

68/100

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