Jack Henry & Associates (JKHY) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The growth rate, however, continued to moderate relative to earlier periods in the fiscal year.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q4
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The growth rate, however, continued to moderate relative to earlier periods in the fiscal year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$559.9M
Revenue reported for this quarter.
Quarter-over-quarter
+4.0%
Change from the immediately preceding quarter.
Year-over-year
+4.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.2B
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, 2023 | $571.4M | +8.0% |
| Dec 31, 2023 | $545.7M | +8.0% |
| Mar 31, 2024 | $538.6M | +5.9% |
| Jun 30, 2024 | $559.9M | +4.7% |
Revenue performance
The reported revenue showed sequential improvement from the preceding quarter. On an annual basis, revenue also grew, maintaining a positive trajectory.
Quarterly comparison
Compared to the immediately preceding quarter, revenue rose. Versus the same quarter one year ago, revenue was higher as well.
What to watch
The slowing pace of revenue growth across recent quarters bears watching.