Jack Henry (JKHY) Tops Q1 EPS by 3c

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Jack Henry & Associates First Quarter Fiscal 2016 Ends With 11% Increase In Net Income

November 4, 2015 4:30 PM EST

MONETT, Mo., Nov. 4, 2015 /PRNewswire/ -- Jack Henry & Associates, Inc. (NASDAQ: JKHY), a leading provider of technology solutions and payment processing services primarily for the financial services industry, today announced first quarter fiscal 2016 results.   Total revenue increased 7% compared to the prior fiscal year to $321.6 million and gross profit increased 9% to $138.0 million.  Net income rose 11% compared to the prior fiscal year to $51.4 million.

For the quarter ended September 30, 2015, the company generated total revenue of $321.6 million compared to $301.5 million in the same quarter a year ago.  Gross profit increased to $138.0 million from... More