Jack Henry & Associates Reports Q1 Deconversion Revenue Of $3.7M; Says Deconversion Revenue Estimates Remain At $16M For FY25
Portfolio Pulse from Benzinga Newsdesk
Jack Henry & Associates reported Q1 deconversion revenue of $3.7 million and maintains its deconversion revenue estimates at $16 million for FY25.
October 28, 2024 | 8:44 pm
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Jack Henry & Associates reported Q1 deconversion revenue of $3.7 million, aligning with their fiscal year 2025 estimate of $16 million.
The reported Q1 deconversion revenue of $3.7 million is a part of the company's ongoing revenue stream, and the maintenance of the FY25 estimate at $16 million suggests stability in this revenue segment. This news is neutral as it confirms existing expectations without any surprises.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100