Jack Henry (JKHY) Tops Q1 EPS by 14c

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Jack Henry & Associates, Inc. Reports First Quarter Fiscal 2021 Results

November 4, 2020 4:02 PM EST

MONETT, Mo., Nov. 4, 2020 /PRNewswire/ --  

First quarter summary: GAAP revenue increased 3% and operating income decreased 1% for the quarter compared to the prior-year quarter. Non-GAAP adjusted revenue increased 5% and adjusted operating income increased 7% for the quarter compared to the prior-year quarter. GAAP EPS was $1.19 per diluted share for the quarter, compared to $1.16 in the prior-year quarter. Cash at September 30, 2020 was $195.3 million, an increase of 102% compared to September 30, 2019. Debt related to the revolving credit line and other lines of credit was zero for the quarters ended September 30, 2020 and... More