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Sep 30, 2024
Jack Henry Q1 2025 Earnings Report
Jack Henry reported deconversion revenue for Q1 2025.
Key Takeaways
Jack Henry & Associates announced that deconversion revenue for the fiscal first quarter, ended September 30, 2024, was $3.7 million. Deconversion revenue estimates remain at $16 million for full year fiscal 2025 guidance.
Deconversion revenue for the fiscal first quarter was $3.7 million.
Deconversion revenue estimates remain at $16 million for full year fiscal 2025.
Deconversion revenue is generated when a customer is acquired and terminates their contract.
Jack Henry excludes deconversion revenue from non-GAAP revenue.
Jack Henry
Jack Henry
Forward Guidance
Deconversion revenue estimates remain at $16 million for full year fiscal 2025 guidance.