Jack Henry (JKHY) Tops Q1 EPS by 12c

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Jack Henry & Associates, Inc. Reports First Quarter Fiscal 2020 Results

November 4, 2019 4:12 PM EST

MONETT, Mo., Nov. 4, 2019 /PRNewswire/ -- Jack Henry & Associates, Inc. (NASDAQ: JKHY), a leading provider of technology solutions and payment processing services primarily for the financial services industry, today announced results for the first quarter of fiscal 2020.

GAAP Results for the Quarter

Revenue for the quarter ended September 30, 2019 increased to $438.0 million, a 12% improvement over the first quarter of fiscal 2019.  Operating income increased 14% to $118.2 million and net income increased 7% to $89.4 million, or $1.16 per diluted share, compared to the first quarter of fiscal 2019. The increase in operating income was... More