Business
Jack Henry & Associates, Inc. Reports Third Quarter Fiscal 2025 Results
Third quarter summary: GAAP revenue increased 8.6% and GAAP operating income increased 23.8% for the fiscal three months ended March 31, 2025, compared to
About this update from Jack Henry & Associates, Inc.
[{"type":"text","content":" \n\nThird quarter summary:\nGAAP revenue increased 8.6% and GAAP operating income increased 23.8% for the fiscal three months ended March 31, 2025, compared to the prior fiscal year quarter.Non-GAAP adjusted revenue increased 7.0% and non-GAAP adjusted operating income increased 17.6% for the fiscal three months ended March 31, 2025, compared to the prior fiscal year quarter.1GAAP EPS was $1.52 per diluted share for the fiscal three months ended March 31, 2025, compared to $1.19 per diluted share in the prior fiscal year quarter.Fiscal year-to-date summary:\nGAAP revenue increased 6.3% and GAAP operating income increased 13.5% for the fiscal year-to-date period ended March 31, 2025, compared to the prior fiscal year-to-date period.Non-GAAP adjusted revenue increased 6.1% and non-GAAP adjusted operating income increased 8.2% for the fiscal year-to-date period ended March 31, 2025, compared to the prior fiscal year-to-date period.1GAAP EPS was $4.49 per diluted share for the fiscal year-to-date period ended March 31, 2025, compared to $3.85 per diluted share in the prior fiscal year-to-date period.Cash and cash equivalents were $39.9 million at March 31, 2025, and $27.3 million at March 31, 2024.Debt outstanding related to credit facilities was $170 million at March 31, 2025, and $250 million at March 31, 2024.Full year fiscal 2025 guidance (Dollars In millions):2\nCurrent\nGAAP\nLow\nHigh\nRevenue\n$2,353\n$2,370\nOperating margin3\n23.5 %\n23.7 %\nEPS\n$6.00\n$6.09\nNon-GAAP4\nAdjusted revenue\n$2,331\n$2,342\nAdjusted operating margin\n23.0 %\n23.1 %\n \n\n \nMONETT, Mo., May 6, 2025 /PRNewswire/ -- Jack Henry & Associates, Inc. (Nasdaq: JKHY), a leading financial technology provider, today announced results for fiscal third quarter ended March 31, 2025.\n1 See tables below on page 4 reconciling non-GAAP financial measures to GAAP.\n2 The full fiscal year guidance assumes no acquisitions or dispositions are made during fiscal year 2025.\n3 Operating margin is calculated by dividing operating income by revenue.\n4 See tables below on page 9 reconciling fiscal year 2025 GAAP to non-GAAP guidance.\n5 See table below on page 14 reconciling net income to non-GAAP EBITDA.\n \nAccording to Greg Adelson, President and CEO, \"Our third quarter results reflect solid overall performance. We continued to see strong growth in key revenue a...