other material
confidence high
sentiment neutral
materiality 0.30
Jack Henry reports Q4 deconversion revenue of $6.7M; full fiscal year $16.6M
JACK HENRY & ASSOCIATES INC
- Deconversion revenue for Q4 FY2024 ended June 30, 2024 was $6.7 million.
- Full fiscal year 2024 deconversion revenue totaled $16.6 million.
- Revenue arises when a customer is acquired, terminating their Jack Henry contract.
- Company excludes deconversion revenue from non-GAAP reporting as it is outside operational control.