Agilysys (AGYS) shares soared 33.89% in pre-market trading on Tuesday, following the release of the company's better-than-expected fiscal fourth-quarter financial results and optimistic guidance.

The hospitality software provider reported quarterly adjusted earnings of $0.63 per share, significantly exceeding the analyst consensus estimate of $0.50. Revenue for the quarter reached $82.95 million, surpassing expectations and marking an 11.7% increase year-over-year, driven by robust subscription revenue growth of 24.1%. This performance represents the company's 17th consecutive record revenue quarter.

Investor sentiment was further bolstered by the company's strong outlook for fiscal 2027, with management guiding revenue to a range of $365 million to $370 million, above analyst consensus. The positive results and guidance prompted several analyst actions, including price target increases from Oppenheimer and Needham, reinforcing confidence in the company's growth trajectory and margin outlook.