Jack Henry & Associates, Inc. Reports Q3 2023 Net Income of $81.5 Million
Q3 Revenue Reaches $508.6 Million, Highlighting Strong Performance
Jack Henry & Associates, Inc. (JKHY), a leading provider of technology solut ions and payment processing services for the financial industry, has released its unaudited financial results for the third quarter of fiscal year 2023. The company reported a net income of $81.5 million for the quarter, demonstrating its financial resilience and commitment to innovation. Additionally, the company's revenue for the same period reached $508.6 million, reflecting steady growth in its core business operations.
Condensed Consolidated Balance Sheets
The company's condensed consolidated balance sheets for March 31, 2023, show that its total assets reached $2.61 billion, up from $2.46 billion in the previous fiscal year. The increase was primarily driven by growth in non-current deferred costs, computer software, and other non-current assets.
