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Jack Henry & Associates, Inc. Reports Third Quarter Fiscal 2021 Results


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MONETT, Mo., May 3, 2021 /PRNewswire/  Jack Henry & Associates, Inc. (NASDAQ: JKHY), a leading provider of technology solutions and payment processing services primarily for the financial services industry, today announces results for the third quarter of fiscal 2021 and discusses its continued response to the novel coronavirus (COVID-19) pandemic.
Year-to-date summary:
GAAP revenue increased 2% and operating income remained consistent for the nine months ended March 31, 2021 compared to the prior-year period.
Non-GAAP adjusted revenue increased 5% and non-GAAP adjusted operating income increased 9% for the nine months ended March 31, 2021 compared to the prior-year period.
GAAP EPS was $3.08 per diluted share for the nine months ended March 31, 2021, compared to $3.06 in the prior-year period. ....

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Cincinnati Financial Reports First-Quarter 2021 Results


section defines and reconciles measures presented in this release that are not based on U.S.
Generally Accepted Accounting Principles.
company s safe harbor statement.
Insurance Operations Highlights
12% growth in first-quarter net written premiums, reflecting price increases and premium growth initiatives.
$220 million first-quarter 2021 property casualty new business written premiums, up 2%. Agencies appointed since the beginning of 2020 contributed $11 million or 5% of total new business written premiums.
$10 million first-quarter 2021 life insurance subsidiary net income, up $23 million from the first quarter of 2020, and 9% growth in first-quarter 2021 term life insurance earned premiums.
Investment and Balance Sheet Highlights
5% or $9 million increase in first-quarter 2021 pretax investment income, including a 9% increase for stock portfolio dividends and a 5% increase for bond interest income. ....

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