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February 5, 2010

<img src=" http://www.joplinglobeonline.com/images/zope/friday.gif" border=0> Jack Henry generated $210 million for quarter ending Dec. 31

Anonymous The Joplin Globe Fri Feb 05, 2010, 07:45 AM CST

From staff reports

news@joplinglobe.com

MONETT, Mo. — Jack Henry and Associates recently reported an 11 percent increase in second-quarter revenue.

For the quarter ended Dec. 31, Jack Henry generated total revenue of $210.9 million compared with $190.2 million a year earlier. Net income came to $30 million, or 35 cents per diluted share, compared with $28 million, or 33 cents per share, for the same period one year earlier.

For the six months, revenue came to $393.2 million, compared with $373.3 million for the same period a year earlier. Net income hit $56.3 million, or 66 cents per share, compared with $50.5 million, or 59 cents per diluted share a year ago.

Jack Prim, chief executive officer, said in a statement: “We are generally pleased with the overall performance in the quarter. We continued to see positive impacts resulting from our cost control initiatives with a 14 percent improvement in operating income compared to the prior year.”

Growing

Jack Henry and Associates recently acquired Goldleaf Financial Solutions Inc. and PEMCO Technology Services Inc.

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