Fair Isaac Corporation (FICO) announced an increase in fourth-quarter earnings compared to the previous year, surpassing Wall Street forecasts. The company's net income reached $135.7 million, or $5.44 per share, up from $101.4 million, or $4.01 per share, in the same quarter last year. Excluding certain items, FICO reported an adjusted profit of $163.2 million, or $6.54 per share, for the quarter. This performance exceeded the consensus prediction of analysts, who, according to Thomson Reuters, had anticipated earnings of $6.38 per share, typically excluding special items. The company's quarterly revenue grew by 16.4%, reaching $453.8 million, compared to $389.7 million the previous year.
A summary of Fair Isaac Corporation's earnings (under GAAP) is as follows:
- Fourth-quarter Earnings: $135.7 million versus $101.4 million last year.
- Earnings Per Share (EPS) for Q4: $5.44, compared to $4.01 a year ago.
- Fourth-quarter Revenue: $453.8 million, up from $389.7 million last year.
