Jack Henry (JKHY) Reports In-Line Q2 EPS, Revenue Beats

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Jack Henry & Associates Ends Second Quarter Fiscal 2018 With 8% Increase In Revenue

February 6, 2018 4:43 PM EST

MONETT, Mo., Feb. 6, 2018 /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 second quarter fiscal 2018 results. 

Revenue for the quarter ended December 31, 2017 increased to $374.8 million, an 8% improvement over the second quarter of fiscal 2017.  Operating income increased 8% to $95.3 million. The Tax Cuts and Jobs Act enacted December 22, 2017 had a large impact on our provision for income taxes and contributed to the large increase in net income of 165% over the second quarter of fiscal 2017 to $155.6... More