Agilysys appoints new sales leaders to strengthen global presence

ALPHARETTA, Ga. - Hospitality software provider Agilysys, Inc. (NASDAQ:AGYS), a $3.18 billion market cap company with impressive 16% revenue growth over the last twelve months, has appointed two industry veterans to its sales leadership team, the company announced in a press release on Wednesday.

Mo Khanat has joined as Vice President of Sales for the Americas, while Praveen Paul has been appointed Area Vice President for the Middle East and Africa (MEA), based in Dubai. Both executives will report to Joe Youssef, Senior Vice President and Chief Commercial Officer. According to InvestingPro, the company maintains strong profitability with a 62.4% gross margin and is expected to report its next earnings on July 21, 2025.

Khanat brings over 20 years of hospitality experience, most recently completing a 13-year tenure at IDeaS Revenue Solutions, where he served as Executive Vice President of Global Account Management and Consulting Services. In that role, he managed a portfolio of more than 30,000 customers. His previous experience includes five years at online travel agency Travelocity and six years in property-level management positions with Novotel.

Paul joins Agilysys with more than 25 years of experience scaling businesses across MEA and Asia Pacific regions. He previously served as Chief Operating Officer at Winsar Group, an India-based property management system provider. During his eight-year tenure, Paul led Winsar’s transition from legacy software to a SaaS platform and expanded the company’s market presence to over 30 countries before its acquisition by RB Software in February 2025.

"Both Mo Khanat and Praveen Paul bring to Agilysys exemplary hospitality leadership experience, unrelenting focus on customer success and proven track records of driving profitable growth," Youssef said in the press release.

Agilysys provides hospitality software solutions including property management systems, point-of-sale solutions, and food and beverage inventory and procurement systems. While currently trading above its Fair Value according to InvestingPro analysis, the company shows strong operational metrics with moderate debt levels and positive analyst sentiment. InvestingPro subscribers can access 12 additional key insights about AGYS’s financial health and market position in the comprehensive Pro Research Report.

In other recent news, Agilysys Inc. reported strong fourth-quarter earnings for fiscal year 2025, surpassing analyst expectations with earnings per share of $0.54, compared to a forecast of $0.35. The company’s revenue reached $74.3 million, exceeding the projected $71.58 million, marking a 19.4% year-over-year increase. Subscription revenue was a significant contributor, growing by 42.7% year-over-year. Agilysys has provided a positive outlook for fiscal year 2026, with revenue guidance between $308 million and $312 million, and subscription revenue expected to grow by 25%.

In other developments, Cantor Fitzgerald initiated coverage on Agilysys with an Overweight rating, setting a price target of $125. This reflects confidence in the company’s strong revenue growth and potential to leverage digital transformation trends in the hospitality sector. Needham analysts also raised their price target for Agilysys to $105, following robust fourth-quarter results and highlighting the company’s strong position with a 26% year-over-year backlog growth.

Additionally, Agilysys announced the launch of its Intelligent Guest Profiles system, which aims to enhance personalized service by synchronizing guest data across hospitality applications. This new technology is expected to improve upselling opportunities and staff efficiency. Lastly, a contract with Marriott is anticipated to bolster Agilysys’s financial performance, with major topline growth expected to commence in late 2025.

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