Agilysys Inc. (NASDAQ:AGYS) Q3 2018 Earnings Conference Call Transcript

Jan 25, 2018 • 04:30 pm ET


Agilysys Inc. (NASDAQ:AGYS) Q3 2018 Earnings Conference Call Transcript


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Good day, ladies and gentlemen, and welcome to the Agilysys Fiscal Year 2018 Third Quarter Conference Call. (Operator Instructions) And I would now like to introduce your host for today's conference, Mr. Norberto Aja. Sir, you may begin.

Norberto Aja

Thank you, operator, and good afternoon, everyone. Thank you for joining the Agilysys fiscal 2018 third quarter conference call. We will get started in just a minute with management's presentation and comments. But before doing so, let me read the safe harbor language.

Today's conference contains forward-looking statements within the meaning of the safe harbor provision of the US Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as anticipate, intend, plan, goal, believe, estimate, expect, future, likely, may, should, will and other similar references to future periods. Examples of forward-looking statements include, among others, our guidance relating to revenue and adjusted earnings from operations, and statements we make regarding our ability to achieve revenue growth, profitability, and improvements in the financial results and shareholder value.

Forward-looking statements are neither historical facts nor assurance of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements.

Important factors that could cause our actual results and financial conditions to differ materially from those indicated in the forward-looking statements today include, among others, our ability to achieve operational efficiencies and meet customer demand for products and solutions and the risks described in today's news announcement and in the Company's filings with the Securities and Exchange Commission, including the Company's reports on Form 10-K and Form 10-Q.

Any forward-looking statement made by us in today's conference call is based solely on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statements that may be made from time to time, whether as a result of new information, future developments or otherwise.

Today's call and webcast will include non-GAAP financial measures within the meaning of the SEC Regulation G. When required, a reconciliation of all non-GAAP financial measures to the most directly comparable financial measures calculated and presented in accordance with GAAP can be found in today's press release as well as on the Company's website.

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

Ramesh Srinivasan

Thank you, Norberto, and good afternoon, everyone. Thank you for joining us on the call today to review our fiscal 2018