For the quarter ended December 2024, Fair Isaac (FICO) reported revenue of $439.97 million, up 15.2% over the same period last year. EPS came in at $5.79, compared to $4.81 in the year-ago quarter.The reported revenue represents a surprise of -3.25% over the Zacks Consensus Estimate of $454.73 million. With the consensus EPS estimate being $6.21, the EPS surprise was -6.76%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...

Fair Isaac (FICO) came out with quarterly earnings of $5.79 per share, missing the Zacks Consensus Estimate of $6.21 per share. This compares to earnings of $4.81 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -6.76%. A quarter ago, it was expected that this financial services company would post earnings of $6.60 per share when it actually produced earnings of $6.54, delivering a surprise of -0.91%.Over the last four quarters ...

Financial Performance - Total revenues for the quarter ended December 31, 2024, were $440.0 million, a 15% increase from $383.5 million in the same quarter of 2023[84] - Revenues for the Scores segment were $235.7 million, reflecting a 23% increase from $191.5 million in the prior year[84] - Annual Recurring Revenue (ARR) for the Software segment as of December 31, 2024, was $729.3 million, a 6% increase from $688.0 million as of December 31, 2023[84] - Operating income for the quarter was $179.5 million, a 19% increase from $150.8 million in the same quarter of 2023[84] - Net income for the quarter was $152.5 million, representing a 26% increase from $121.1 million in the prior year[84] - Diluted EPS for the quarter was $6.14, a 28% increase from $4.80 in the same quarter of 2023[84] - Total revenues for the quarter ended December 31, 2024, were $439.97 million, a 15% increase from $382.06 million in the same quarter of 2023[97] - Operating income for the quarter was $179.53 million, reflecting a 19% increase from $151.36 million in the prior year[109] - Net income for the quarter was $152.53 million, a 26% increase compared to $121.07 million in the same quarter of 2023[97] Cash Flow and Debt - Cash flows from operating activities were $194.0 million, compared to $122.1 million in the same quarter of 2023[84] - Total debt balance increased to $2.4 billion as of December 31, 2024, up from $2.2 billion as of September 30, 2024[84] - Net cash provided by operating activities increased to $194.0 million for the quarter ended December 31, 2024, up from $122.1 million in the same quarter of 2023, representing a $71.9 million increase[119] - Net cash used in investing activities rose to $8.9 million for the quarter ended December 31, 2024, compared to $2.4 million in the prior year, primarily due to a $6.3 million increase in capitalized internal-use software costs[120] - Net cash used in financing activities increased to $144.2 million for the quarter ended December 31, 2024, from $99.9 million in the same quarter of 2023, largely due to a $90.9 million increase in common stock repurchases[121] - The company has a new stock repurchase program authorized for up to $1.0 billion, with $600.7 million remaining as of December 31, 2024, after spending $159.7 million during the quarter[122] - As of December 31, 2024, the company had $425.0 million in borrowings under the revolving line of credit at a weighted-average interest rate of 5.762%[125] - The carrying value of the Senior Notes was $1.3 billion as of December 31, 2024, with compliance to all financial covenants[126] Expenses - Research and development expenses increased by $2.5 million, with R&D expenses as a percentage of revenues decreasing to 10% from 11% year-over-year[101] - Selling, general and administrative expenses rose by $23.6 million, with these expenses as a percentage of revenues increasing to 29% from 27% year-over-year[103] Segment Performance - Dollar-Based Net Retention Rate for the Software segment was 105% as of December 31, 2024[84] - Scores segment revenues increased by $43.6 million, driven by a $42.0 million rise in business-to-business scores revenue and a $1.6 million increase in business-to-consumer revenue[94] - Software segment revenues rose by $14.3 million, primarily due to a $17.3 million increase in on-premises and SaaS software revenue, partially offset by a $3.0 million decrease in professional services revenue[95] - Segment operating income for Scores increased by $35.1 million, while Software segment operating income rose by $5.6 million, contributing to a total segment operating income increase of $37.0 million[111] Tax and Legal Matters - The effective income tax rate for the quarter was (1.6)%, compared to 7.3% in the same quarter of 2023, influenced by excess tax benefits related to share-based compensation[108] - FICO is involved in a consolidated putative class action lawsuit alleging antitrust claims related to the distribution of FICO Scores, with some claims allowed to proceed to discovery[139] Risk Management - The company is exposed to market risks related to interest rates and foreign exchange rates, managing these risks through various financial instruments[131] - The company has entered into foreign currency forward contracts to mitigate foreign exchange rate risks associated with foreign-currency-denominated receivables[134] - As of December 31, 2024, FICO has outstanding foreign currency forward contracts with a total contract amount of $8,600,000 for Euro (EUR), $8,460,000 for British pound (GBP), and $8,967,000 for Singapore dollar (SGD)[135] - The fair value of the foreign currency forward contracts as of December 31, 2024, is $8,958,000 for Euro (EUR), $10,600,000 for British pound (GBP), and $6,600,000 for Singapore dollar (SGD)[135] - On September 30, 2024, the total contract amount for foreign currency forward contracts was $13,000,000 for Euro (EUR), $12,237,000 for British pound (GBP), and $7,404,000 for Singapore dollar (SGD)[135] - The fair value of the foreign currency forward contracts as of September 30, 2024, was $14,531,000 for Euro (EUR), $16,400,000 for British pound (GBP), and $5,800,000 for Singapore dollar (SGD)[135] Internal Controls - FICO's disclosure controls and procedures were evaluated and deemed effective as of December 31, 2024, ensuring timely reporting of required information[136] - No changes in FICO's internal control over financial reporting were identified during the reporting period that materially affected its internal controls[137]

First Quarter Fiscal 2025 Non-GAAP Results Exhibit 99.1 FICO Announces Earnings of $6.14 per Share for First Quarter Fiscal 2025 Revenue of $440 million vs. $382 million in prior year BOZEMAN, Mont.--(BUSINESS WIRE)--February 4, 2025--FICO (NYSE:FICO), a global analytics software leader, today announced results for its first fiscal quarter ended December 31, 2024. First Quarter Fiscal 2025 GAAP Results Net income for the quarter totaled $152.5 million, or $6.14 per share, versus $121.1 million, or $4.80 per ...

Fair Isaac Corporation (FICO) is set to report its first-quarter fiscal 2025 results on Feb. 4.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The Zacks Consensus Estimate for first-quarter fiscal 2025 revenues is pegged at $454.73 million, suggesting an increase of 19.02% from the year-ago quarter’s reported figure.The consensus mark for earnings is pegged at $6.21 per share, up 0.8% over the past 30 days, indicating 29.11% year-over-year growth.The company’s earnings missed the Zack ...

Shares of Fair Isaac Corporation FICO is trading a little lower Wednesday. This follows yesterday's announcement that the company will report its first quarter fiscal 2025 results on Feb. 4 after the market closes.Certain charts can offer valuable lessons to traders. The chart of Fair Isaac is one of them. This is why our trading team has made it our Stock of the Day.Some price levels are more important than others in the stock market. These are called support and resistance levels.Support is a large concen ...

Fair Isaac Corporation’s (FICO) shares jumped 47.5% in the trailing 12 months, outperforming the broader Zacks Computer and Technology sector’s appreciation of 27% and the Zacks Computers - IT Services industry’s growth of 8.7%.FICO’s positive share price movement has been driven by the growing adoption of FICO Scores and the strong demand for its advanced analytics platform across various industries. This strong market presence has fueled significant revenue growth in the Scores segment, which increased 19 ...

Fair Isaac (FICO) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the sto ...

Fair Issac’s (FICO) shares have outperformed the Zacks Computer & Technology sector and Zacks IT Services industry peers Infosys (INFY) and ServiceNow (NOW) in the year-to-date period.Shares of FICO, Infosys and ServiceNow have soared 86.8%, 28.1% and 59.7%, respectively. The broader sector has appreciated 34.1% over the same timeframe.The robust stock price performance can be attributed to the strong performance in its Scores and Software segments, which led to significant growth in its clientele and reven ...

The Awareness Group (TAG) Announces Strong Key Performance Metrics for its Non-FICO Driven Residential PPADecember 16, 2024 7:00 AM EST | Source: The Awareness GroupBeta began in July with two TAG GRID members; Product officially launched in SeptemberSigned 475 projects worth nearly $37 million in total contract value (TCV) through NovemberContracts created nearly $29 million in notes and nearly $14 million in investment tax credits (ITC) owned by TAGScottsdale, Arizona--(Newsfile Corp. - Dece ...