Agilysys Inc. and Global Bay Mobile Technologies. Inc. announced a partnership to deliver advanced and secure mobile applications focused on enhancing overall operations for its retail customers and to address the growing retail-to-consumer mobile application market. The in-store solutions deployed by Agilysys and Global Bay will assist store associates with functions such as task management, inventory transfers and stock management, ultimately helping improve the efficiency of a retailer's store operations and their ability to manage overall inventory. Using Global Bay's customer facing mobile capabilities and advanced technologies will also empower Agilysys to enhance a retailer's interactions with their customers. Global Bay's mobility technologies and offerings will enhance Agilysys' ability to develop and deploy applications on Motorola wireless devices, as well as extending these applications to devices such as Blackberry� smartphones, the Apple iPhone� mobile digital device and Apple iPod touch� mobile digital device. In addition, this partnership will enable Agilysys to extend its mobility solutions and service offerings beyond the retail industry to markets such as healthcare, government and transportation.

Agilysys Inc. reported unaudited consolidated earnings results for the second quarter and six months September 30, 2009. For the quarter, the company's revenue declined 9.0% to $156.0 million, compared with $171.4 million in the second quarter of fiscal 2009. The company's operating income, excluding restructuring and asset impairment charges, improved $6.2 million to $4.3 million from the operating loss of $1.9 million last year. Net income from continuing operations of $2.9 million, or $0.12 per diluted share, a significant increase from the loss of $105.3 million, or a loss of $4.66 per share, recorded in the previous year. Adjusted EBITDA was $7.13 million compared to $9.79 million for the same period a year ago. Income before income taxes was $3.87 million compared to loss before income taxes of $114.19 million for the same period a year ago. Net income was $2.83 million or $0.12 diluted per share compared to net loss of $106.58 million or $4.66 diluted per share for the same period a year ago. For the six months, the company has posted revenue of $286.2 million compared with revenue of $351.2 million in the first six months of 2009. Revenue in the first half of fiscal 2010 decreased 18.5% reflecting lower sales in each of the company's three business segments. Net loss from continuing operations of $9.5 million, or a loss of $0.42 per share, compared with a net loss from continuing operations of $165.4 million, or a loss of $7.33 per share, in the first six months of fiscal 2009. Adjusted EBITDA was $8.55 million compared to negative adjusted EBITDA of $17.77 million for the same period a year ago. Operating loss was $8.48 million compared to $179.92 million for the same period a year ago. Net loss was $9.5 million or $0.42 diluted per share compared to net loss of $166.6 million or $7.38 diluted per share for the same period a year ago. Net cash provided by operating activities was $79.06 million compared to net cash used in operating activities of $88.56 million for the same period a year ago. Purchase of property and equipment was $5.92 million compared to $2.60 million for the same period a year ago. For the third quarter ending December 2009, the company expects to see a seasonal increase in sales.

Agilysys Inc. expected to Report Q3 2010 Results on February 8, 2010. This event was calculated by Capital IQ (Created on November 4, 2009).