Jack Henry & Associates, Inc. (JKHY) reported that its first-quarter net income increased to $42.48 million from $36.48 million last year. Profit per share was $0.49 compared to $0.42 last year. Revenue increased to $271.00 million from $248.34 million last year.
Analysts polled by Thomson Reuters expected the company to report profit of $0.46 per share on revenue of $264.80 million for the quarter. Analysts' estimates typically exclude special items.
Kevin Williams, CFO, said: "the reported results for our first fiscal quarter were slightly ahead of our internal budget, as total revenue was within 2%, but we were able to expand our margins slightly ahead of plan for the quarter as our Managers and Associates continue to do a great job of driving revenue growth and at the same time focusing on efficiencies for our company; while also continuing to provide industry leading customer service. Currently we have approximately $224 million in cash, and the availability of our entire revolver facility to fund future acquisitions, stock buy-backs, dividends or other corporate initiatives for the benefit of our company and shareholders."
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.