Agilysys Inc. (NASDAQ:AGYS) Q1 2021 Earnings Conference Call - Final Transcript
Jul 28, 2020 • 04:30 pm ET
of 2021, compared to the first fiscal quarter of 2021. As our industry regain strength and begin finalizing buying decisions and accepting product deliveries.
Given these revenue levels, adjusted EBITDA for the second quarter should improve 25% and remain above the first fiscal quarter of 2021 levels of $3.4 million. Otherwise, given the uncertainty of the global markets, we are not providing any further guidance now.
In closing, our business continues to improve as reflected by the strength of our profitability and cash balance along with the new products we have released over the last year. We have spent much of the past couple of years working towards building a company to deliver world-class SaaS solutions and services that is second to none and we hope you can see the results of our efforts coming through our financials.
Despite the current slowdown in sales, we have been laser-focused on improving the company overall. And specifically, the great set of products we have and remain confident our efforts will continue to pay off in the medium and long-term.
With that, I would now like to turn the call back over to the operator. Liz?