Jack Henry Reports StrongFinancials
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.