Agilysys Blames Fiscal Q1 Sales Weakness on IBM ‘Proprietary Servers’
July 31, 2006 Timothy Prickett Morgan
As one of the three master distributors of the System i5 platform, you can bet that Agilysys is keenly aware of when sales of the platform are going up or going down. Agilysys last week announced its preliminary financial results for its first fiscal quarter ended June 30, and blamed IBM’s “proprietary servers” as one of the causes for an expected revenue decline. The company also revised its revenue guidance downward for fiscal 2007. The Enterprise Solutions Group at Agilysys is one of the main distributors in the world for both IBM and Hewlett-Packard servers; this unit also peddles a |