Jack Henry & Associates Announces Deconversion Revenue For Q3 Was $0.8M, Estimates Remain At $16M For FY24 Guidance
Jack Henry & Associates Announces Deconversion Revenue For Q3 Was $0.8M, Estimates Remain At $16M For FY24 Guidance
Jack Henry & Associates, Inc. (NASDAQ:JKHY) announced today that deconversion revenue for the fiscal third quarter, ended March 31, 2024 was $0.8 million. Based on these results, deconversion revenue estimates remain at $16 million for full year fiscal 2024 guidance. For more information about how guidance will be further updated for deconversion revenue estimates, please see Jack Henry's Current Report on Form 8-K filed with the Securities and Exchange Commission on August 3, 2023.
傑克·亨利律師事務所（納斯達克股票代碼：JKHY）今天宣佈，截至2024年3月31日的第三財季的去轉換收入爲80萬美元。根據這些結果，根據2024財年全年指引，去轉換收入估計仍爲1,600萬美元。有關如何進一步更新去轉換收入估算指南的更多信息，請參閱傑克·亨利於2023年8月3日向美國證券交易委員會提交的關於8-K表的最新報告。
The majority of deconversion revenue is generated when one of Jack Henry's customers agrees to be acquired by another financial institution, resulting in the termination of the customer's contract with Jack Henry. In these circumstances, Jack Henry's recognition of deconversion revenue is driven by factors outside Jack Henry's control, and this revenue does not represent the true operations of Jack Henry's ongoing business of providing services to customers. As a result, Jack Henry excludes deconversion revenue from non-GAAP revenue reported in its quarterly and annual earnings releases.
大部分去轉換收入是在傑克·亨利的一位客戶同意被另一家金融機構收購時產生的，這導致該客戶與傑克·亨利的合同終止。在這種情況下，傑克·亨利對去轉換收入的確認是由傑克·亨利無法控制的因素推動的，而該收入並不代表傑克·亨利持續向客戶提供服務業務的真實運營。因此，傑克·亨利在其季度和年度業績中公佈的非公認會計准則收入中排除了去轉換收入。
譯文內容由第三人軟體翻譯。