Nov 7 (Reuters) - Fintech firm Jack Henry & Associates (JKHY.O) reported a rise in its first-quarter revenue on Tuesday, helped by steady growth in its processing as well as services and support segments.
Jack Henry's revenue jumped 8% to $571.4 million in the three months ended Sept. 30.
Its services and support revenue increased, primarily driven by growth in data processing and hosting revenue.
Core and payments segments revenue climbed 7.6% and 6.9%, respectively.
Shares of Jack Henry, which serves banks, credit unions and financial services firms, have lost 18.3% of their value so far this year, through previous close.
Persons:
Jack Henry &, David Foss, Jack Henry's, Jack Henry, Manya Saini, Shilpi Majumdar
Organizations:
Jack Henry & Associates, Thomson
Locations:
Bengaluru