Jack Henry Q2 FY24 deconversion revenue $4.9M; full-year guidance unchanged at $16M

JACK HENRY & ASSOCIATES INC

Deconversion revenue for Q2 FY24 (ended Dec 31, 2023) was $4.9 million.
Full-year fiscal 2024 deconversion revenue guidance remains at $16 million.
Revenue arises when a customer is acquired and terminates its contract; excluded from non-GAAP revenue.
Company reiterates that deconversion revenue is driven by factors outside its control.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

JACK HENRY & ASSOCIATES INC reported the fiscal second quarter, ended December 31, 2023 results: revenue $4.9 million. Guidance reaffirmed.

Period: the fiscal second quarter, ended December 31, 2023
Revenue: $4.9 million
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Jack Henry & Associates, Inc. ® (NASDAQ: JKHY) announced today that deconversion revenue for the fiscal second quarter, ended December 31, 2023 was $4.9 million.

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Source: SEC EDGAR

accession 0000779152-24-000013

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