FICO(US:FICO)2023-04-27 21:35Financial Performance - FICO's total revenue for Q2 2023, excluding divestitures, was $3803 million, a 9% increase year-over-year[22] - Adjusted EBITDA for Q2 2023 reached $1921 million, representing a 6% increase compared to Q2 2022[22] - Non-GAAP diluted EPS for Q2 2023 was $478, a 2% increase year-over-year[22] - GAAP Net Income was $406 million and GAAP Earnings per Share was $1615[11] - Non-GAAP Net Income was $489 million and Non-GAAP Earnings per Share was $1945[11] Revenue Segments - Scores revenue in Q2 2023 was $198507 thousand, an 8% increase compared to Q2 2022[9] - Software revenue in Q2 2023 was $181759 thousand, a 5% increase compared to Q2 2022[9] - On-premises and SaaS software revenue for Q2 2023 was $154584 thousand[9] - Professional services revenue for Q2 2023 was $27175 thousand[9] Software Metrics - Software Annual Recurring Revenue (ARR), excluding divestitures, reached $6135 million[22] - Software ACV Bookings, excluding divestitures, were $233 million, a 15% increase year-over-year[22] - Platform ARR accounted for 25% of the total ARR[15] - The Dollar-Based Net Retention Rate (DBNRR) for total software was 114%[42]