Agilysys announced record revenue of $68.3 million for the second quarter of fiscal year 2025, a 16.5% increase compared to the previous year. Subscription revenue grew by 36.6%. The company raised its full-year fiscal 2025 revenue guidance to $280 million to $285 million and expects adjusted EBITDA to be 18% of revenue.
Total net revenue increased by 16.5% to a record $68.3 million.
Recurring revenue reached a record $41.4 million, representing 60.7% of total net revenue.
Subscription revenue increased by 36.6% year-over-year.
Adjusted EBITDA was $12.2 million, compared to $8.1 million in the prior year.
The company raises full year fiscal 2025 revenue guidance to $280 million to $285 million, including at least 38% year-over-year subscription revenue growth. Adjusted EBITDA is expected to be 18% of revenue for the full fiscal year.
Visualization of income flow from segment revenue to net income