Jack Henry ends fiscal year with record earnings

Jack Henry & Associates Inc. (Nasdaq: JKHY) ended its fiscal year with net income of $211.2 million, an in-house record.

For the year ended June 30, the company’s bottom line rose 13 percent compared to $186.7 million earnings in fiscal 2014. Diluted share earnings for the year were $2.59, a 40-cent jump, according to a news release.

“We delivered a balanced performance that benefitted our shareholders, customers and employees,” said Jack Prim, CEO of the Monett-based financial industry software firm, in the release.

Fiscal 2015 financial notes:
    •    Fourth-quarter net income brought in $60.5 million of the total. Profits for the quarter were up 15 percent compared to a year earlier.
    •    Revenue for the year rose 7 percent to $1.3 billion.
    •    Sales costs increased 6 percent to $720.3 million.

As of June 30, Jack Henry held assets of $1.8 billion. The company serves nearly 11,000 customers nationwide, supporting financial services institutions with information processing technology, according to the release.

JKHY shares were trading at $67.63 as of 9:06 a.m., compared to a 52-week range of $51.86 to $71.75.