Jack Henry & Associates announced $17.9 million in deconversion revenue for the fiscal first quarter ending September 30, 2026, and projects $30 million for fiscal year 2027. Deconversion revenue arises when clients are acquired by other financial institutions, ending their contracts with Jack Henry, and is excluded from the company's core revenue reporting. This revenue is influenced by external factors and does not reflect the ongoing business operations of Jack Henry, a financial technology company serving over 7,200 clients with innovative banking solutions. Investors should note that deconversion revenue is a separate, non-GAAP metric and not indicative of Jack Henry's regular service income.
Jack Henry's fiscal 2027 first quarter deconversion revenue results provide context for financial sector activity. For readers following financials, 110 of 142 US stocks rose and 32 fell on Pluang as of Oct 30, 2026 02:41 WIB. ICE rose 5.39% to USD 164.37 with 100% buy orders, while HUT and RIOT fell 5.01% and 4.98% respectively with mixed sell/buy activity.
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