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

Editors Pick
Social media app Snapchat has introduced a new location service, Snap Map, that will allow users of the app to see the location of all their friends on a map. The new feature will essentially allow a user to see where his friends are hanging out and what they are up to and also share his own location with friends in real time. The U.S. has suspended all imports of fresh beef from Brazil due to recurring concerns about the safety of the products. The suspension of shipments from Brazil, the fifth largest exporter of beef to the U.S., will remain in place until the Brazilian Ministry of Agriculture takes corrective action, the U.S. Department of Agriculture or USDA said in a statement. The annual Federal stress test was cleared by 34 top banks. The result shows strong capital levels and the ability of large banks to remain capitalized even in stressed situations. The Federal Reserve noted that these banks will be able to lend to households and businesses even at severe recession and throughout the economic cycle.
comments powered by Disqus
Follow RTT