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Jack Henry: 12% Revenue Growth in Fiscal Q4 2013, Driven by Services

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posted on Aug 13, 2013 by Andy Efstathiou

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Jack Henry has announced fiscal Q4 2013 revenues, for the period ending June 30, 2013, of $298.2m, up 12.0% year-over-year. A strong quarter and year built off strong growth in services.

Jack Henry achieved accelerating revenue growth and earnings growth each quarter in FY 2013. Like many solution vendors, Jack Henry found its services grew, while product sales shrank. Jack Henry will have to move faster into services to continue its growth. However, to date it has adapted better than many competitors and clients.

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