Health Business Week
Welcome to NewsRx!
Learn more about a six-week, no-risk free trial of Health Business Week
We're a pay-per-view site for premium content. If you'd like to purchase this article, it's only $3.00.
Agilysys, Inc.
Agilysys Revises Fiscal 2009 Guidance
October 17th, 2008
Agilysys, Inc. (NASDAQ: AGYS), a leading provider of innovative IT solutions, announced revisions to the company's previously announced revenue and adjusted EBITDA guidance. Agilysys now expects fiscal 2009 revenue of approximately $810 million to $825 million and adjusted EBITDA of approximately $20 million to $24 million, which excludes restructuring charges of $23.8 million related to both the severance costs of its first quarter cost reductions and the write-off of goodwill and intangible assets associated with The CTS Corporations, which was acquired in May 2005. In the company's fourth-quarter earnings release on June 2, 2008, the company stated it expected fiscal...
Source: Health Business Week (2008-10-17)
|
