Fair Isaac: Fiscal Q1 Earnings Snapshot
BOZEMAN, Mont. (AP) — BOZEMAN, Mont. (AP) — Fair Isaac Corp. (FICO) on Thursday reported fiscal first-quarter net income of $121.1 million.
The Bozeman, Montana-based company said it had profit of $4.80 per share. Earnings, adjusted for one-time gains and costs, were $4.81 per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $4.83 per share.
The financial services company posted revenue of $382.1 million in the period, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $386.5 million.
Fair Isaac expects full-year earnings to be $22.45 per share, with revenue expected to be $1.68 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FICO at https://www.zacks.com/ap/FICO
