Agilysys, Inc. (NASDAQ:AGYS) Q2 2025 Earnings Conference Call October 28, 2024 4:30 PM ET

Company Participants

Jessica Hennessy - Senior Director of Corporate Strategy and Investor Relations
Ramesh Srinivasan - President and CEO
Dave Wood - CFO

Conference Call Participants

Mayank Tandon - Needham & Company
Nehal Chokshi - Northland Capital Markets
Brian Schwartz - Oppenheimer
Stephen Sheldon - William Blair
George Sutton - Craig-Hallum Capital Group

Operator

Good day, ladies and gentlemen, and welcome to Agilysys 2025 Second Quarter Conference Call. As a reminder, today's conference may be recorded.

I would now like to turn the conference over to Jessica Hennessy, Senior Director of Corporate Strategy and Investor Relations at Agilysys. You may begin.

Jessica Hennessy

Thank you, Marvin, and good afternoon, everybody. Thank you for joining the Agilysys 2025 second quarter conference call. We will get started in just a minute with management's comments. But before doing so, let me read the safe harbor language.

Some statements made on today's call will be predictive and are intended to be made as forward-looking within the safe harbor protections of the Private Securities Litigation Reform Act of 1995, including statements regarding our financial guidance. Although the company believes that its forward-looking statements are based on reasonable assumptions, such statements are subject to risks and uncertainties that could cause results to differ materially.

Important factors that could cause actual results to vary materially from these forward-looking statements include our ability to meet the provided guidance levels, our ability to increase sales and market share, our ability to maintain profitability levels and the risks set forth in the company's reports on Form 10-K and 10-Q and other reports filed with the Securities and Exchange Commission.

As a reminder, any references to record financial and business levels during this call refer only to the time period after Agilysys made the transformation to an entirely hospitality focused software solutions company in fiscal year 2014.

With that, I'd now like to turn the call over to Mr. Ramesh Srinivasan, President and CEO of Agilysys. Ramesh, please go ahead.

Ramesh Srinivasan

Thank you, Jes. Good evening. Welcome to the fiscal 2025 second quarter earnings call. Joining Jes and me on the call today at our Alpharetta, Atlanta headquarters is Dave Wood, our CFO.

Let me first cover brief details about the Book4Time acquisition we completed during the quarter, followed by a summary of our recent selling success, before moving on to revenue and other details. We acquired the leading spa management software provider Book4Time and its excellent high-talent team a little more than midway during the quarter. Book4Time is the number one enterprise SaaS solution for spas within hospitality, currently serving more Forbes five star rated spas than any other competing product. Book4Time has enjoyed a good reputation in hospitality over the last couple of decades for its superior product and world-class customer service.