Jack Henry Announces Fiscal 2026 First Quarter Deconversion Revenue Results

Group 1 - Jack Henry & Associates, Inc. reported deconversion revenue of $8.6 million for the fiscal first quarter ending September 30, 2025, and has increased its full-year fiscal 2026 guidance for deconversion revenue to $20 million [1] - The majority of deconversion revenue 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 that connects financial institutions with their clients, emphasizing openness, collaboration, and user-centric solutions [4] - The company has been providing technology solutions for nearly 50 years, serving approximately 7,400 clients and enabling them to innovate and compete effectively in the financial sector [4]