Jack Henry (JKHY) Tops Q4 EPS by 15c, Revenues Beat
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Jack Henry & Associates Ends Fiscal 2018 With 7% Increase In Operating Income
August 21, 2018 4:01 PM EDTMONETT, Mo., Aug. 21, 2018 /PRNewswire/ --Â Jack Henry & Associates, Inc. (NASDAQ: JKHY), a leading provider of technology solutions and payment processing services primarily for the financial services industry, today announced fourth quarter and full year fiscal 2018 results.
Revenue for the quarter ended June 30, 2018 increased to $417.2 million, a 9% improvement over the fourth quarter of fiscal 2017. Operating income increased 10% to $108.5 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 32% over the fourth quarter... More
