Jack Henry Reports Q4 & FY24 Results, Deconversion Revenue Drives Growth
Ticker: JKHY · Form: 8-K · Filed: Aug 12, 2024 · CIK: 779152
| Field | Detail |
|---|---|
| Company | Jack Henry & Associates Inc (JKHY) |
| Form Type | 8-K |
| Filed Date | Aug 12, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | bullish |
Sentiment: bullish
Topics: financial-results, revenue-growth, deconversion-services
Related Tickers: JKHY
TL;DR
JKHY crushed Q4 with deconversion revenue, FY24 looks strong.
AI Summary
On August 12, 2024, Jack Henry & Associates, Inc. (JKHY) filed an 8-K report detailing their financial results for the fourth quarter and full fiscal year ending June 30, 2024. The report highlights significant revenue growth, driven by their deconversion services, and provides an outlook for the upcoming fiscal year.
Why It Matters
This filing provides investors with the latest financial performance data for Jack Henry, a key player in financial technology, offering insights into their revenue streams and future growth prospects.
Risk Assessment
Risk Level: low — The filing is a routine financial disclosure and does not indicate any unusual risks or negative events.
Key Numbers
- FY24 — Fiscal Year 2024 (Period covered by financial results)
- Q4 — Fourth Quarter (Period covered by financial results)
Key Players & Entities
- Jack Henry & Associates, Inc. (company) — Registrant
- JKHY (company) — Ticker Symbol
- August 12, 2024 (date) — Date of Report
- June 30, 2024 (date) — Fiscal Year End
FAQ
What is the primary driver of revenue growth mentioned in the filing?
The filing indicates that deconversion revenue is a significant driver of growth for Jack Henry & Associates, Inc.
What fiscal year does this 8-K report cover?
This 8-K report covers the fourth quarter and the full fiscal year ending June 30, 2024.
When was this 8-K report filed?
This 8-K report was filed on August 12, 2024.
What is the principal executive office location for Jack Henry & Associates, Inc.?
The principal executive offices are located at 663 Highway 60, P.O. Box 807, Monett, MO 65708.
What is the SIC code for Jack Henry & Associates, Inc.?
The Standard Industrial Classification (SIC) code for Jack Henry & Associates, Inc. is 7373, which corresponds to SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN.
Filing Stats: 435 words · 2 min read · ~1 pages · Grade level 10.2 · Accepted 2024-08-12 16:29:11
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value JKHY Nasdaq Global Select Mar
Filing Documents
- jkhy-20240812.htm (8-K) — 22KB
- jkhy-prdatedaugust122024xq.htm (EX-99.1) — 11KB
- 0000779152-24-000072.txt ( ) — 144KB
- jkhy-20240812.xsd (EX-101.SCH) — 2KB
- jkhy-20240812_lab.xml (EX-101.LAB) — 19KB
- jkhy-20240812_pre.xml (EX-101.PRE) — 11KB
- jkhy-20240812_htm.xml (XML) — 2KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On August 12, 2024, Jack Henry & Associates, Inc. issued a press release announcing its deconversion revenue for the fiscal fourth quarter ended June 30, 2024, 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 August 12, 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: August 12, 2024 /s/ Mimi L. Carsley Mimi L. Carsley Chief Financial Officer and Treasurer