MONETT, Mo. (AP) — MONETT, Mo. (AP) — Jack Henry & Associates Inc. (JKHY) on Tuesday reported fiscal fourth-quarter net income of $97.8 million.
The Monett, Missouri-based company said it had profit of $1.34 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.19 per share.
The payment processsing company posted revenue of $534.6 million in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $511.3 million.
For the year, the company reported profit of $366.6 million, or $5.02 per share. Revenue was reported as $2.08 billion.
Jack Henry expects full-year earnings to be $4.92 to $4.99 per share, with revenue in the range of $2.21 billion to $2.23 billion.
Copyright © 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.