Agilysys, Inc. (NASDAQ:AGYS) Q3 2023 Earnings Call Transcript

Nehal Chokshi: Okay, great. And does the Marriott contract include the add-on modules and if not why not?

Jessica Hennessy: This RFP, Nehal was a global RFP for PMS. And that’s it. And in that RFP, our PMS product was selected for the set of properties that we already described. That’s all this process was. And therefore we got selected for that plan.

Nehal Chokshi: Got it, what is the opportunity to get your add-on modules included and would it be on a per-property basis or would it be coming through a corporate mandate that opportunity does exist?

Ramesh Srinivasan: We have no idea, Nehal. I mean, we have no way of answering that question, like I said, this was a particular selection process for a particular product PMS, we participated in it and did extremely well with it. That’s all we know at the moment.

Nehal Chokshi: Okay and then for the portion of the Marriott properties that are not on a proprietary built with some — on or in-house build systems that are on a third-party system to no micros, I think they won the deal back in 2013, when does that portion of the Marriott properties come up for renewal and therefore presumably an RFP for you guys as well.

Ramesh Srinivasan: We don’t know Nehal, right. We don’t know again, we were selected for hundreds of thousands of rooms across premium, luxury, and select service in U.S. and Canada. And that’s all we’re focused on at the moment.

Nehal Chokshi: Okay, all right, well, great, congratulations again.

Ramesh Srinivasan: Thank you, Nehal. Appreciate it.

Operator: Thank you. And I’m not showing any further questions at this time. I would now like to turn the call-back over to Ramesh for any closing remarks.

Ramesh Srinivasan: Thank you, Josh. Thank you all for your continued interest in our progress. Our next earnings call will be in about four months from now around the middle to end of May when we will be reporting Q4 and full-fiscal year 2023 results, and also provide guidance for fiscal 2024. Until then please be safe, healthy, and happy. Thank you.

Operator: Thank you. This concludes today’s conference call. Thank you for participating. You may now disconnect.