Jack Henry's profits up 17% in fiscal first quarter

Jack Henry & Associates Inc. (Nasdaq: JKHY) reported a roughly 17% increase in profits to start its fiscal year.

The Monett-based financial software company's fiscal 2025 first-quarter earnings were $119.2 million, up from $101.7 million a year earlier, according to a news release. Diluted share earnings rose to $1.63 from $1.39 per share.

“We are pleased to report another quarter of solid financial performance, which was slightly better than the outlook provided in August for FY Q1. Our sales team maintained positive momentum in the quarter with a new record sales attainment for Q1 and increased our sales pipeline to an all-time high," President and CEO Greg Adelson said in the release. "We are energized and remain focused on our key differentiators: culture, service and innovation."

Revenue during the fiscal first quarter was up 5.2% to $601 million.

As of Sept. 30, Jack Henry's assets were roughly $2.9 billion. The company has around 7,500 financial industry clients.

JKHY shares were trading at $182.03 as of 10:30 a.m., compared with a 52-week range of $146.47 to $189.63 per share.