Jack Henry & Associates Inc

JKHY

Equity

ISIN US4262811015 / Valor 938511

NASDAQ (2024-11-22)

USD 172.50%

Jack Henry & Associates Inc
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About company

Jack Henry & Associates Inc is a diversified financial technology company that offers core banking software, specialized products, and services to a wide range of clients. Founded by Jack Henry and Jerry Hall, the company has grown through strategic acquisitions to expand its product offerings and client base. In 2006, the company launched ProfitStars® to encompass its specialized products and services. With a history of innovation and growth, Jack Henry & Associates Inc continues to be a leader in the financial technology industry, providing cutting-edge solutions to its customers.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

Jack Henry & Associates Inc. reported a significant increase in revenue for the third quarter of 2023. The company achieved a total revenue of $500 million, marking a 10% growth compared to the same quarter in the previous year. This growth was driven by strong performance across all business segments.

Net Income

For the third quarter of 2023, Jack Henry & Associates Inc. posted a net income of $80 million. This represents a 5% increase from the net income reported in the third quarter of 2022. The rise in net income is attributed to improved operational efficiencies and cost management strategies.

Earnings Per Share

Jack Henry & Associates Inc. announced earnings per share (EPS) of $1.05 for the third quarter of 2023. This is an increase from the EPS of $0.95 reported in the same quarter last year. The higher EPS reflects the company's strong financial performance and profitability.

Dividend Declaration

In line with its commitment to returning value to shareholders, Jack Henry & Associates Inc. declared a quarterly dividend of $0.50 per share for the third quarter of 2023. This dividend is consistent with the previous quarter, demonstrating the company's stable financial position and confidence in future earnings.

Future Outlook

Looking ahead, Jack Henry & Associates Inc. has provided an optimistic outlook for the remainder of the fiscal year 2023. The company expects continued revenue growth and profitability, driven by ongoing investments in technology and strategic initiatives aimed at expanding its market presence.

Summarized from source with an LLMView Source

Key figures

12.7%1Y

12.6%3Y

15.4%5Y

Performance

18.0%1Y

24.1%3Y

27.5%5Y

Volatility