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Jack Henry & Associates, Inc. — Fiscal 2027 First Quarter Earnings Summary

  • Financial Performance:

    • Deconversion revenue for the fiscal first quarter ended September 30, 2026, was $17.9 million.
    • Deconversion revenue is excluded from non-GAAP revenue reported in quarterly and annual earnings releases.
    • No other specific financial metrics such as total revenue, earnings, profit margins, or cash flow were provided in the release.
  • Guidance and Future Outlook:

    • Based on the first-quarter results, the deconversion revenue estimate for the full fiscal year 2027 is $17.9 million.
    • The release notes that deconversion revenue recognition is driven by factors outside the company's control.
  • Business Segments and Product Lines:

    • The majority of deconversion revenue is generated when a client agrees to be acquired by another financial institution, resulting in contract termination.
    • The company serves more than 7,200 clients with technology solutions for banks and credit unions.
  • Other Key Points:

    • Jack Henry is an S&P 500 company.
    • The company prioritizes openness, collaboration, and user centricity, offering an ecosystem of internally developed modern capabilities and integrations with leading fintechs.
    • The company has provided technology solutions for 50 years.
    • Guidance methodology for deconversion revenue estimates is detailed in the Current Report on Form 8-K filed with the SEC on August 3, 2023.
Company
JACK HENRY & ASSOCIATES INC
Sector
Technology
Industry
Information Technology Services