Profits Rise At Jack Henry &Associates
MONETT, Mo. - (08/03/05) -- Credit union outsourcer Jack Henry& Associates reported net income rose 23% for its fiscal fourthquarter ended June 30 to $21.7 million, or 23 cents a share,compared to the same quarter last year. As a result, Jack Henryreported a 21% rise in fiscal-year earnings to $75.5 million, or 81cents a share. Fourth quarter revenues rose 12% to $141.4 million,while revenues for the year climbed 15% to $535.9 million, comparedto last year. For the fourth quarter revenue from the company'score bank systems and services operations increased 14% to $113.3million; while revenues for the segment rose 12% for the year to$428.7 million.