Microvast Holdings announces departure of chief financial officer
ALPHARETTA, Ga. - In a significant move to upgrade its point-of-sale (POS) capabilities, Boyd Gaming Corporation has entered into a Software-as-a-Service (SaaS) agreement with Agilysys, Inc. (AGYS), a prominent provider of hospitality software solutions with a market capitalization of $2.38 billion. According to InvestingPro data, Agilysys has demonstrated strong growth with a 15.53% revenue increase in the last twelve months. The deal will see the implementation of the InfoGenesis omnichannel enterprise POS ecosystem across Boyd Gaming’s 28 gaming entertainment properties in the United States.
The InfoGenesis solution ecosystem, once fully deployed, will integrate data and transactions across various touchpoints, including self-service kiosks, mobile food and beverage ordering, and kitchen display stations. This comprehensive data unification is expected to bolster Boyd Gaming’s guest engagement and operational decision-making. Agilysys maintains an impressive gross profit margin of 62.68%, reflecting the company’s efficient operations and strong market position in the hospitality software sector.
Johan Martensson, Senior Vice President of Business and Technology at Boyd Gaming, expressed confidence that the InfoGenesis solution will significantly enhance the guest experience, aligning with the company’s commitment to exceptional service. Joe Youssef, Senior Vice President and Chief Commercial Officer at Agilysys, emphasized the collaborative effort to tailor the InfoGenesis system to Boyd Gaming’s vision of creating remarkable guest experiences and operational efficiency.
The agreement also includes additional Agilysys solutions such as OnDemand, guest self-service kiosks, kitchen display stations, loyalty promotions, and analytics tools. These are designed to provide a seamless service experience and support staff with enhanced automation.
Agilysys is known for its specialized hospitality software solutions that extend beyond conventional property management systems, POS solutions, and food and beverage inventory systems. Their clientele spans various sectors within the hospitality industry, including hotels, resorts, casinos, dining providers, and educational institutions.
This partnership is based on a press release statement and reflects Agilysys and Boyd Gaming’s commitment to leveraging technology to improve service quality and operational insights across Boyd’s nationwide operations. While Agilysys currently appears overvalued according to InvestingPro Fair Value metrics, the company maintains a "GOOD" overall financial health score. Investors can access comprehensive analysis and 14 additional ProTips through the detailed Pro Research Report, available exclusively to InvestingPro subscribers.
In other recent news, Oppenheimer has adjusted its outlook on Agilysys Inc by lowering the stock price target from $135 to $90. Despite this reduction, the firm continues to maintain an Outperform rating on Agilysys. The revised price target reflects Oppenheimer’s consideration of various factors impacting the company’s financial performance, including potential downside risks in the revenue guidance for fiscal year 2026. Analysts noted improvements in Agilysys’s execution in the fourth fiscal quarter of 2025, but expressed concerns over the delay in expected contributions from Marriott until fiscal year 2027. The firm also highlighted weaker year-to-date travel and consumer spending data as influencing factors. Despite these challenges, Oppenheimer remains positive about certain aspects of Agilysys’s business, noting signs of resolution in the Services and Point of Sale (POS) segments. Potential positive factors include new sales leadership from Toast and the prospect of easier year-over-year comparisons in fiscal year 2026. The adjustment in the price target accounts for current market conditions and the challenges faced by Agilysys, while still recognizing the company’s potential for market outperformance.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.