Jack Henry (JKHY) Tops Q4 EPS by 2c, Revenues Miss; Offers FY21 EPS Guidance Below Consensus, FY21 Revenue Guidance Above Consensus

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Jack Henry & Associates, Inc. Reports Fiscal 2020 Results

August 18, 2020 4:05 PM EDT

MONETT, Mo., Aug. 18, 2020 /PRNewswire/ --

Fiscal year summary: GAAP revenue increased 9% and operating income increased 10% for the year ended June 30, 2020. Non-GAAP adjusted revenue increased 7% and adjusted operating income increased 5% for the year ended June 30, 2020. GAAP EPS was $3.86 and $3.52 per diluted share for the years ended June 30, 2020 and 2019, respectively. Cash at June 30, 2020 was $213.3 million, an increase of 128% compared to June 30, 2019. Debt related to the revolving credit line and other lines of credit was zero for the years ended June 30, 2020 and 2019.Fourth quarter summary:... More