Reported about 2 months ago
Jack Henry forecasts a higher profit for fiscal 2025 than analysts expected, driven by strong demand for its financial technology services despite economic uncertainty. The company's CEO highlighted record revenue and operating income for fiscal year 2024, with a projected profit per share between $5.78 and $5.87, exceeding the anticipated $5.76. For the April-June period, revenue grew 4.7% to $559.9 million, with notable increases in processing and service revenue.
Source: YAHOO