Jack Henry & Associates reported strong financial results for the fourth quarter of fiscal year 2024, with a 4.7% increase in GAAP revenue and a 1.2% increase in GAAP operating income. Non-GAAP adjusted revenue and operating income also increased, driven by growth in key areas such as private cloud and processing services. The company achieved record sales bookings and maintained a robust sales pipeline.
GAAP revenue increased by 4.7% and GAAP operating income increased by 1.2% compared to the prior fiscal year quarter.
Non-GAAP adjusted revenue increased by 6.4% and non-GAAP adjusted operating income increased by 5.3% compared to the prior fiscal year quarter.
GAAP EPS was $1.38 per diluted share, compared to $1.34 per diluted share in the prior fiscal year quarter.
The company produced record revenue and operating income in fiscal year 2024, along with highest-ever sales bookings in both the fourth quarter and fiscal year.
Jack Henry provided full year fiscal 2025 guidance, expecting GAAP revenue between $2.369 billion and $2.391 billion and GAAP EPS between $5.78 and $5.87.
Visualization of income flow from segment revenue to net income