More on Agilysys FQ4

• In addition to beating FQ4 estimates, Agilysys (NASDAQ:AGYS -0.2%) expects FY17 revenue of $132-136M vs. a consensus $127.82M
• Gross margin is expected to be in the low 50% range, which reflects the impact of higher cost of goods sold related to the recently announced general availability of rGuest Stay for limited and select service hotels and chains and a continued mix shift in revenue towards more subscription based sales.
• The company expects adjusted EBITDA to double compared to $4.3M in FY16.
• Press Release