Jack Henry & Associates, Inc. (JKHY) Q1 2023 Earnings Call Transcript

Jack Henry & Associates, Inc. (NASDAQ:JKHY) Q1 2023 Earnings Conference Call November 9, 2022 8:45 AM ET

Company Participants

Vance Sherard - Vice President of Investor Relations

David Foss - Chairman and CEO

Mimi Carsley - CFO and Treasurer

Greg Adelson - President and COO

Conference Call Participants

Vasundhara Govil - Keefe, Bruyette, & Woods, Inc.

Rayna Kumar - UBS

David Togut - Evercore ISI

Nik Cremo - Credit Suisse

Kartik Mehta - Northcoast Research

Peter Heckmann - D.A. Davidson

Dominick Gabriele - Oppenheimer

James Faucette - Morgan Stanley

John Davis - Raymond James

David Koning - Robert W. Baird

Charles Nabhan - Stephens Inc

Operator

Good day, and welcome to the Jack Henry First Quarter Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded.

I would now like to turn the conference over to Mr. Vance Sherard, Vice President of Investor Relations. Please go ahead, sir.

Vance Sherard

Good morning, and thank you for joining us for the Jack Henry first quarter earnings call. Joining me on the call today is David Foss, Board Chair and CEO; Mimi Carsley, CFO and Treasurer; and Greg Adelson, President and COO. After these opening remarks, I will turn the call over to Dave for his thoughts about the state of our business, financial and sales performance for the quarter, industry comments and other key initiatives. After Dave concludes his comments, Mimi will provide additional commentary regarding the financial results and fiscal year guidance included in the press release issued yesterday that is available from the Investor Relations section of the Jack Henry website.

We will then open the lines for Q&A. As a reminder, this call includes certain forward-looking statements, including remarks or responses to questions concerning future expectations, events, objectives, strategies, trends or results. Like any statement about the future, these are subject to multiple factors that could cause actual results or events to differ materially from those which we anticipate due to multiple risks and uncertainties. The company undertakes no obligation to update or revise these statements. For a summary of these risk factors and additional information, please refer to yesterday's press release and the sections in our 10-K entitled Risk Factors and Forward-Looking Statements.

On this call, we will discuss certain non-GAAP financial measures, including non-GAAP revenue and non-GAAP operating income. The reconciliations for non-GAAP financial measures are in yesterday's press release. I will now turn the call over to Dave.