Jack Henry Sees 10 Percent Revenue and Profit Growth in Fiscal Q1
November 6, 2006 Timothy Prickett Morgan
It is always a good thing to see independent software vendors that push the System i platform doing well. And in its most recent quarter Jack Henry & Associates, which specializes in selling software to financial institutions such as community banks and credit unions, said that sales were up 10 percent. Jack Henry ended its first quarter of fiscal 2007 on September 30, and reported sales of $150.6 million, up 10 percent from the $137 million it booked in the prior year’s first quarter. Software license sales were actually down in the quarter, however, falling 8 percent to $15.5 |