Various updates in the performance and execution of Jack Henry & Associates have been reported. The company represents improved relative price performance but falls short of the benchmark. The company's first quarter 2025 deconversion revenue results are announced, with a quarterly revenue of $3.7M. Quarterly earnings will also be publicly announced soon.
Many financial institutions have been recognized for leveraging Jack Henry Technology. However, the State of Alaska Department of Revenue has reportedly sold a significant portion of Jack Henry & Associates shares. The firmβs share prices have reportedly soared to a 52-week high. The company has announced the expansion of its Cybersecurity and Fraud Forum. Jack Henry has also brought new companies, like PortX and Backbase, into their vendor integration program.
Changes in the companyβs staff have been reported as well, with plans to elevate Shanon McLachlan to COO in 2024 and the appointment of new board members, including Tammy LoCascio and Lisa Nelson. However, the company's board member, Laura Kelly, has passed away. Furthermore, Jack Henry has increased the quarterly dividend on its common stock by 6 percent.
Henry Jack Associates JKHY News Analytics from Mon, 08 Aug 2022 07:00:00 GMT to Fri, 01 Nov 2024 08:00:00 GMT - Rating 7 - Innovation 4 - Information 8 - Rumor 6