FICO (FICO) Misses Q2 EPS by 5c
FICO (NYSE: FICO) reported Q2 EPS of $1.05, $0.05 worse than the analyst estimate of $1.10. Revenue for the quarter came in at $228.4 million versus the consensus estimate of $221.05 million.
“We had another strong quarter across all lines of our business,” said Will Lansing, chief executive officer. “We are increasingly confident in our ability to drive growth and execute against our strategy.”
Outlook
The company is updating its previously provided guidance for fiscal 2017 as a result of the impact of ASU 2016-09 on the current quarter to approximately:
| Previous Fiscal 2017 Guidance | Quarter 2, 2017 Impact of ASU 2016-09 | New Fiscal 2017 Guidance | |
| Revenue | $925 million | - | $925 million |
| GAAP Net Income | $126 million | $4 million | $130 million |
| GAAP Earnings Per Share | $3.92 | $0.11 | $4.03 |
| Non-GAAP Net Income | $158 million | - | $158 million |
| Non-GAAP Earnings Per Share | $4.92 | - | $4.92 |
(Updated with details on guidance)
For earnings history and earnings-related data on FICO (FICO) click here.