Afternoon
Report - JTX - Fiscal 2009 Reports for Jackson Hewitt - Sourced
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JACKSON HEWITT TAX,JTX
Jackson Hewitt Tax Service Inc. ("Jackson Hewitt") JTX, today
reported results for the 2009 fiscal year ended April 30, 2009. Jackson Hewitt
reported net income of $19.5 million, or $0.68 per diluted share for the 2009
fiscal year, versus net income of $32.4 million, or $1.09 per diluted share for
the 2008 fiscal year. On an adjusted basis, Jackson Hewitt's net income in the
2009 fiscal year was $29.0 million, or $1.02 per diluted share, versus adjusted
net income of $40.8 million, or $1.37 per diluted share for the 2008 fiscal
year. A schedule entitled Adjusted Results of Operations, which reconciles the
reported and adjusted results, accompanies this earnings release."Jackson
Hewitt has many strengths on which to build, including a sizeable base of nearly
three million customers, outstanding employees, a well-established brand,
committed franchisees, and a solid distribution network," said Harry W.
Buckley, who was appointed president and chief executive officer of Jackson
Hewitt on June 4, 2009.
About
Jackson Hewitt Tax Service, Inc. engages in the computerized preparation of
federal, state, and local individual income tax returns in the
Last Trade: 5.04
Day's Range: 4.87 - 6.00
52wk Range: 2.80 - 17.83
Volume: 1,478,331
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