Jack Henry & Associates (JKHY) Revenue — Quarter Ended Jun 30, 2023
Revenue increased in the current quarter compared to the same period last year. The growth rate was higher than the preceding quarter.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q4
Revenue increased in the current quarter compared to the same period last year. The growth rate was higher than the preceding quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$534.6M
Revenue reported for this quarter.
Quarter-over-quarter
+5.1%
Change from the immediately preceding quarter.
Year-over-year
+10.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.1B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $529.2M | +8.4% |
| Dec 31, 2022 | $505.3M | +2.3% |
| Mar 31, 2023 | $508.6M | +6.3% |
| Jun 30, 2023 | $534.6M | +10.8% |
Revenue performance
Revenue rose from the prior quarter, continuing an upward trend. The year-over-year comparison also showed an increase.
Quarterly comparison
Compared to the immediately preceding quarter, revenue improved. Versus the same quarter one year earlier, revenue was also higher.
What to watch
Cash from operations decreased year over year, partly due to tax law changes affecting research and development expenses.