Jack Henry & Associates Reports Record First Quarter Fiscal 2027 Results
Jack Henry & Associates, Inc. (JKHY) reported strong financial results for its first fiscal quarter ended September 30, 2026, characterized by record revenue and earnings that exceeded previous outlooks. GAAP revenue grew 8.8% year-over-year to $701.5 million, while GAAP operating income rose 12.5%. The company's growth was primarily driven by an 11.7% increase in hosting revenue as clients migrate to private cloud services and a 13.3% rise in digital and transaction revenue. Earnings per diluted share (GAAP EPS) reached $2.28, representing a 15.6% increase compared to the prior year's quarter. Management expressed confidence in continued momentum due to strong sales performance and a robust pipeline. For the full fiscal year 2027, the company provided guidance with non-GAAP adjusted revenue expected to fall between $2.667 billion and $2.687 billion.
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Topics: EPS fiscal guidance operating income revenue growth stock repurchases
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Part of the story Jack Henry & Associates Reports Record First Quarter Fiscal 2027 Results (17 articles)