Jack Henry & Associates Announces Fiscal Third Quarter 2025 Deconversion Revenue Results

Group 1 - Jack Henry & Associates, Inc. reported deconversion revenue of $9.6 million for the fiscal third quarter ending March 31, 2025, with updated full-year guidance for deconversion revenue estimated between $22 million and $28 million [1][2] - Deconversion revenue primarily arises when a client is acquired by another financial institution, leading to the termination of their contract with Jack Henry, indicating that this revenue is influenced by external factors beyond the company's control [2] - Jack Henry excludes deconversion revenue from its non-GAAP revenue reported in quarterly and annual earnings releases, as it does not reflect the core operations of the business [2] Group 2 - Jack Henry is a financial technology company listed on the S&P 500, focusing on enhancing connections between financial institutions and their clients, with over 48 years of experience in providing technology solutions [4] - The company serves approximately 7,500 clients, emphasizing innovation, personal service, and insight-driven solutions to help reduce barriers to financial health [4]