FICO(US:FICO)2024-01-27 12:40Financial Performance - FICO's Q1 2024 total revenues were $3821 million, compared to $3449 million in Q1 2023, reflecting an 11% increase[4] - GAAP Net Income was $490 million[6] - Non-GAAP Net Income reached $566 million[6] - Non-GAAP Earnings per Share were $2245[6] Segment Performance - Scores revenues increased to $192112 thousand in Q1 2024, up 8% compared to $177988 thousand in Q1 2023[4] - On-premises and SaaS software revenues increased to $168668 thousand in Q1 2024, up 14% compared to $144560 thousand in Q1 2023[4] Software Metrics - Software Annual Recurring Revenue (ARR) increased by 18% to $6877 million[7] - Software ACV Bookings decreased by 15% to $183 million[7] - Total Software Dollar-Based Net Retention Rate (DBNRR) was 114%[22] Balance Sheet - Cash & Investments increased by 19% year-over-year to $1986 million[29] - Total Assets increased by 9% year-over-year to $15935 million[29]