Fair Isaac Corp. (FICO), an analytics and decision management technology provider, reported a decline in first-quarter net income to $23.4 million or $0.65 per share, from $30.0 million or $0.81 per share last year. However, the company raised its revenue guidance for the full year.
On average, four analysts polled by Thomson Reuters expected the company to earn $0.73 per share for the quarter. Analysts' estimates typically exclude special items.
Quarterly revenues for the rose to $190.02 million from $170.34 million a year ago, while one analyst expected revenues of $180.00 million for the quarter.
In view of its recently announced acquisition of CR Software LLC, the company is increasing its previously issued revenue guidance for the fiscal 2013 to a range between $760 million and $770 million, from its prior guidance of $740 million to $750 million. Meanwhile, the company expects net income for the fiscal 2013 to touch $100 million or $2.80 per share.
Analysts currently expect earnings of $2.88 per share and revenues of $744.52 million for the fiscal 2013.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.