MONETT, Mo., May 3, 2021 /PRNewswire/ Jack Henry & Associates, Inc. , a leading provider of technology solutions and payment processing services primarily for the financial services. | May 3, 2021
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MONETT, Mo., May 3, 2021 /PRNewswire/ Jack Henry & Associates, Inc. (NASDAQ: JKHY), a leading provider of technology solutions and payment processing services primarily for the financial services industry, today announces results for the third quarter of fiscal 2021 and discusses its continued response to the novel coronavirus (COVID-19) pandemic.
Year-to-date summary:
GAAP revenue increased 2% and operating income remained consistent for the nine months ended March 31, 2021 compared to the prior-year period.
Non-GAAP adjusted revenue increased 5% and non-GAAP adjusted operating income increased 9% for the nine months ended March 31, 2021 compared to the prior-year period.
GAAP EPS was $3.08 per diluted share for the nine months ended March 31, 2021, compared to $3.06 in the prior-year period.
Year-to-date summary:
GAAP revenue increased 2% and operating income remained consistent for the six months ended December 31, 2020 compared to the prior-year period.
Non-GAAP adjusted revenue increased 4% and non-GAAP adjusted operating income increased 6% for the six months ended December 31, 2020 compared to the prior-year period.
GAAP EPS was $2.13 per diluted share for the six months ended December 31, 2020, compared to $2.10 in the prior-year period.
Cash at December 31, 2020 was $147.8 million, an increase of 104% compared to December 31, 2019.
Debt related to the revolving credit line and other lines of credit was zero at December 31, 2020 and 2019.
Second quarter summary:
GAAP revenue increased 1% and operating income remained consistent for the quarter compared to the prior-year quarter.