AI English summary of an SEC filing — figures as filed

Jack Henry said deconversion revenue for the fiscal third quarter ended on March 31, 2025 was $9.6 million.

8-KResults of Operations and Financial ConditionFiled Apr 30, 2025Period of report Apr 30, 2025Summary published (UTC) Oct 9, 2026

Key points

AI summary

Jack Henry said deconversion revenue for the fiscal third quarter ended on March 31, 2025 was $9.6 million.
The company said it updated its deconversion revenue estimate for full-year fiscal 2025 guidance to $22 million to $28 million from its prior estimate.
Jack Henry said most deconversion revenue is generated when one of its clients agrees to be acquired by another financial institution, which terminates the client's contract with the company.
The company said recognition of deconversion revenue is driven by factors outside its control and does not represent the true operations of its ongoing business of providing services to clients, so it excludes deconversion revenue from non-GAAP revenue in its quarterly and annual earnings releases.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Fiscal third-quarter deconversion revenue $9.6 million

Jack Henry said deconversion revenue for the fiscal third quarter ended on March 31, 2025 was $9.6 million.

Source · Based on the filing body and exhibits

Full-year deconversion revenue estimate updated

The company said it updated its deconversion revenue estimate for full-year fiscal 2025 guidance to $22 million to $28 million from its prior estimate.

Source · Based on the filing body and exhibits

How deconversion revenue arises

Jack Henry said most deconversion revenue is generated when one of its clients agrees to be acquired by another financial institution, which terminates the client's contract with the company.

Source · Based on the filing body and exhibits

Excluded from non-GAAP revenue

The company said recognition of deconversion revenue is driven by factors outside its control and does not represent the true operations of its ongoing business of providing services to clients, so it excludes deconversion revenue from non-GAAP revenue in its quarterly and annual earnings releases.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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