Jack Henry Reports StrongFinancials

July 28, 2004, 1:00 a.m. EDT 1 Min Read

MONETT, Mo. - (07/28/04) Credit union outsourcer JackHenry & Associates reported Tuesday that net income for itsfiscal fourth quarter ended June 30 rose 25% to $17.6 million, or19 cents a share, up from $14.1 million, or 16 cents a share forthe same period last year. Revenues climbed 15% to $126 million forthe fourth quarter. As a result, the company reported fiscal yearearnings of $62.3 million, or 68 cents a share, up 26% over lastyears earnings. For the year, revenues for thecompanys core support and services operations were up 20% to$311 million, while license revenues were up 30% to $62.6million.

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