Agilysys Inc. (NASDAQ: AGYS) shares surged 15.38% in pre-market trading on Tuesday, following the release of the company's fiscal fourth-quarter financial results.

The sharp upward movement was driven by the hospitality software provider reporting quarterly earnings and revenue that substantially exceeded analyst expectations. Agilysys posted adjusted earnings per share of $0.63, beating the consensus estimate of $0.50 by 26 percent. Quarterly revenue reached $82.9 million, surpassing estimates and representing an 11.7 percent increase from the same period last year, fueled by strong subscription revenue growth of 24.1 percent.

Investor sentiment was further bolstered by the company's optimistic outlook for fiscal 2027, with management guiding revenue to a range of $365 million to $370 million, above the analyst consensus estimate. The company also reported its 17th consecutive record revenue quarter and highlighted sweeping AI-related changes across the organization, especially in research and development, which are improving operating leverage and competitive product differentiation.