20 October 2017
visit www.response.ncr.com

Jack Henry Q1 revenues and earnings rise

31 October 2006  |  1472 views  |  0 Source: Jack Henry & Associates

Jack Henry & Associates, Inc. (Nasdaq: JKHY), a leading provider of integrated technology solutions that performs data processing for financial institutions, today announced first quarter fiscal 2007 results with a 10% increase in revenue, an increase of 12% in gross profit which resulted in a 10% rise in net income over the first quarter of fiscal 2006.

For the quarter ended September 30, 2006, the company generated total revenue of $150.6 million, compared to $137.0 million in the same quarter a year ago. Gross profit increased to $63.3 million compared to $56.6 million in the first quarter of fiscal 2006. Net income totaled $21.4 million, or $0.23 per diluted share, compared to $19.4 million, or $0.21 per diluted share in the same quarter a year ago.

According to Jack Prim, CEO, "We are pleased with our performance in the quarter which saw solid organic growth and continued strong growth in the recurring revenue components of our support and services offerings. Our National User Group meeting in Orlando last week had record attendance with over 1,500 bankers. Several new products and partnerships were introduced to this audience and received a strong reception which we believe bodes well for the sales environment, particularly in the last half of the fiscal year."

Read the full statement:» Download the document now 38.2 kb (Adobe Acrobat Document)

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.innotribe.comRegister now

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
16066 views comments | 12 tweets | 4 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8282 views comments | 13 tweets | 10 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
7849 views comments | 21 tweets | 26 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7278 views comments | 9 tweets | 17 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
6627 views comments | 10 tweets | 21 linkedin

Featured job

Competitive base + commission + benefits
New York City, NY - USA

Find your next job