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Jack Henry says it made $17.9 million from deconversion in the first quarter of 2027.

ResultsRead the original at prnewswire.com
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Jack Henry reported $17.9 million in first-quarter deconversion revenue and estimates $30 million for fiscal 2027. Since this comes from contracts ending and is excluded from adjusted results, it does not show how ongoing services are doing.

JKHY · Jack Henry & Associates, Inc.

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That income comes from clients leaving after another financial institution acquires them, so it does not measure demand for Jack Henry’s ongoing services. Jack Henry excludes it from adjusted results because those departures are outside its control. The report does not say how its ongoing business performed, so it does not establish a change in the company’s outlook.

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