AGILYSYS $AGYS Q2’27 EARNINGS HIGHLIGHTS 🔹 Revenue: $93.40M (Est. $90.9M) 🟢; +17.7% YoY 🔹 Adj. EPS: $0.67 (Est. $0.55) 🟢; vs $0.40 LY 🔹 Gross Margin: 64.6%; vs 61.7% LY 🔹 Adj. EBITDA: $24.10M (Est. $20.1M) 🟢 Raises FY27 Guide: 🔹 Revenue: $374M-$378M (Est. $370.6M) 🟢 🔹 Subscription Revenue Growth: at least +34% 🔹 Adj. EBITDA % of Revenue: 25% Cash Flow: 🔹 Operating Cash Flow: $15.17M 🔹 Free Cash Flow: $14.80M (Est. $15.2M) 🔴 Revenue Breakdown: 🔹 Subs & Maintenance: $62.16M (Est. $61.72M) 🟢 🔹 Prof. Services: $19.21M (Est. $19.43M) 🔴 🔹 Products: $11.99M (Est. $10.08M) 🟢 Other Q2 Metrics: 🔹 Subscription Revenue: +32.6% YoY 🔹 Recurring Revenue: 66.6% of total; vs 64.3% LY 🔹 Adj. EBITDA Margin: 25.9% 🔹 GAAP EPS: $0.46; vs $0.41 LY 🔹 Cash: $137.6M Comments: 🔸 “Q2 Fiscal 2027 was yet another record sales quarter, the best ever Q2 July to September sales period, keeping total backlog at record levels despite strong implementation and delivery results.”