Jack Henry reports Q3 deconversion revenue of $0.8M; maintains FY24 guidance of $16M

JACK HENRY & ASSOCIATES INC

Deconversion revenue for fiscal Q3 ended March 31, 2024 was $0.8 million.
Full-year fiscal 2024 deconversion revenue guidance remains at $16 million.
Deconversion revenue arises when a customer is acquired and terminates contract; excluded from non-GAAP revenue.
The company refers to prior 8-K filed August 3, 2023 for further guidance updates.

item 2.02 item 9.01

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 financial results for third quarter ended March 31, 2024.

Period: third quarter ended March 31, 2024
Result: reported results

Exact text from the filing

On April 29, 2024, Jack Henry & Associates, Inc. issued a press release announcing its deconversion revenue for the fiscal third quarter ended March 31, 2024

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Source: SEC EDGAR

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