logo
Share SHARE
FONT-SIZE Plus   Neg

Fair Isaac Q2 Profit Rises - Quick Facts

Fair Isaac Corp. (FICO), an analytics and decision management technology provider, reported second quarter net income of $20.0 million or $0.55 per share, rising from $7.7 million or $0.19 per share last year.

Total revenues for the quarter increased 4 percent to $159.5 million from $152.8million a year ago.

Three analysts polled by Thomson Reuters expected revenues of $156.67 million for the quarter.

Looking ahead, the company reiterated its guidance for the fiscal 2012, wherein it expects net income of $86 million-$89 million or $2.45-$2.55 per share and revenues of $640 million-$645 million.

Analysts currently expect earnings of $2.59 per share and revenues of $645.42 million for the fiscal 2012 .

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Stocks have moved mostly higher in early trading on Wednesday, adding to the gains posted in the previous session. The major averages have all climbed into positive territory, continuing to recover from Monday's sell-off. Venus and Jupiter, two old romantics in the night sky, danced last night after flirting all month. The two planets appeared so close they looked as though they were colliding. After reporting a sharp increase in U.S. construction spending in the previous month, the Commerce Department released a report on Wednesday showing that construction spending saw further upside in the month of May.
comments powered by Disqus
Follow RTT