Reported about 9 hours ago
Jack Henry & Associates reported a 21% rise in first-quarter profit, driven by strong demand for its banking technology services, with revenue increasing by 7.3% to $644.7 million. The company's net income reached $144 million, reflecting a successful quarter amidst ongoing challenges in the bank tech sector. Jack Henry continues to attract small and mid-sized financial institutions, outperforming larger competitors primarily focused on proprietary technologies.
Source: YAHOO