JKHY Files 8-K on Q2 FY24 Deconversion Revenue Notice
Ticker: JKHY · Form: 8-K · Filed: Jan 29, 2024 · CIK: 779152
| Field | Detail |
|---|---|
| Company | Jack Henry & Associates Inc (JKHY) |
| Form Type | 8-K |
| Filed Date | Jan 29, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | mixed |
Complexity: simple
Sentiment: mixed
Topics: revenue-notice, financial-condition, 8-K
TL;DR
**JKHY just flagged a 'deconversion revenue notice' for Q2 FY24, watch for potential revenue hit.**
AI Summary
Jack Henry & Associates, Inc. (JKHY) filed an 8-K on January 29, 2024, to report a 'deconversion revenue notice' related to its Q2 FY24 results. This filing indicates a potential impact on the company's financial condition and results of operations, specifically concerning revenue from client de-conversions. Investors should note this as it could signal a reduction in expected revenue, potentially affecting the stock's valuation if the deconversion impact is significant.
Why It Matters
This filing signals a potential revenue adjustment for Jack Henry & Associates, Inc., which could impact its upcoming Q2 FY24 financial results and investor expectations.
Risk Assessment
Risk Level: medium — The 'deconversion revenue notice' suggests a potential negative impact on revenue, creating uncertainty around the company's financial performance.
Analyst Insight
A smart investor would monitor Jack Henry & Associates, Inc.'s upcoming Q2 FY24 earnings report closely for details on the financial impact of this 'deconversion revenue notice' before making any investment decisions.
Key Players & Entities
- JACK HENRY & ASSOCIATES, INC. (company) — the registrant filing the 8-K
- January 29, 2024 (date) — date of the earliest event reported and filing date
- Q2 FY24 (date) — the fiscal quarter to which the deconversion revenue notice pertains
- JKHY (company) — ticker symbol for Jack Henry & Associates, Inc.
FAQ
What is the specific event reported in this 8-K filing by Jack Henry & Associates, Inc.?
The specific event reported in this 8-K filing is a 'Q2 FY24 DECONVERSION REVENUE NOTICE' related to 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' as of January 29, 2024.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 29, 2024.
What is the ticker symbol and exchange for Jack Henry & Associates, Inc.?
The ticker symbol for Jack Henry & Associates, Inc. is JKHY, and its Common Stock, $0.01 par value, is registered on the Nasdaq Global Select Market.
What is the primary business address of Jack Henry & Associates, Inc.?
The primary business address of Jack Henry & Associates, Inc. is 663 Highway 60, P.O. Box 807, Monett, MO 65708.
Under which SEC Act is this 8-K filing made?
This 8-K filing is made pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Filing Stats: 435 words · 2 min read · ~1 pages · Grade level 10.6 · Accepted 2024-01-29 16:16:39
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value JKHY Nasdaq Global Select Mar
Filing Documents
- jkhy-20240129.htm (8-K) — 21KB
- jkhy-prdatedjanuary292024x.htm (EX-99.01) — 11KB
- 0000779152-24-000013.txt ( ) — 146KB
- jkhy-20240129.xsd (EX-101.SCH) — 2KB
- jkhy-20240129_lab.xml (EX-101.LAB) — 21KB
- jkhy-20240129_pre.xml (EX-101.PRE) — 11KB
- jkhy-20240129_htm.xml (XML) — 2KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition On January 29, 2024, Jack Henry & Associates, Inc. issued a press release announcing its deconversion revenue for the fiscal second quarter ended December 31, 2023, the text of which is attached hereto as Exhibit 99.1.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. Exhibits Exhibit No. Description 99.1 Press release dated January 29, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. JACK HENRY & ASSOCIATES, INC. (Registrant) Date: January 29, 2024 /s/ Mimi L. Carsley Mimi L. Carsley Chief Financial Officer and Treasurer