#United States #Financial Technology #Jack Henry #Monett #Deconversion Revenue

Jack Henry & Associates Reports Fiscal Q3 2025 Deconversion Revenue

On April 30, 2025, Jack Henry & Associates, Inc. (Nasdaq: JKHY) announced its financial results for the third quarter of fiscal year 2025, which ended on March 31, 2025. The company reported a significant deconversion revenue of $9.6 million. This figure marks an important milestone for Jack Henry, demonstrating the company's robust performance during this period. Further projections estimate the total deconversion revenue for the full fiscal year 2025 to range between $22 million and $28 million.

Deconversion revenue primarily stems from clients exiting their contracts due to being acquired by other financial institutions. This process does not reflect the internal operations or ongoing business measures adopted by Jack Henry. Importantly, the company differentiates how it reports these figures by excluding deconversion revenue from its Non-GAAP reported figures during quarterly and annual earnings announcements. This exclusion highlights Jack Henry's focus on its core business and ongoing commitment to providing highly adaptable and client-focused financial solutions.

It is important to note that statements featured in the company’s press release are categorized as "forward-looking statements" according to the guidelines set forth in the Private Securities Litigation Reform Act of 1995. These statements about anticipated future performance come with inherent risks and uncertainties, which could result in actual outcomes diverging from the projections discussed.

Jack Henry emphasizes transparency regarding the potential fluctuations in its performance metrics based on external factors, the complexities of the financial technology sector, and client behavior. To better understand these dynamics, stakeholders can refer to the company’s filings with the Securities and Exchange Commission, which include crucial details and discussions about risk factors.

Founded nearly five decades ago, Jack Henry & Associates has built a reputation for enhancing connectivity between financial institutions and their communities. The company, recognized as an SP500 member, is dedicated to cultivating collaborative and adaptable business environments. Catering to approximately 7,500 clients, Jack Henry provides a suite of technological solutions designed to facilitate innovative growth and assist financial entities in navigating ever-evolving needs of their customers.

As Jack Henry continues to develop its services and improve client engagement, it remains committed to driving insights through data and offering services designed to enhance financial well-being. With ongoing updates posted to their official platforms, stakeholders are encouraged to stay informed about the company’s advancements and evolving strategies. Check out the official website at www.jackhenry.com for more information.

In summary, the strong deconversion revenue results reflect Jack Henry & Associates' strategic focus on serving clients effectively while navigating the complexities of the financial technology landscape. Stakeholders can look forward to further developments and future reports as the company continues to thrive in challenging environments.