FICO (FICO) Misses Q1 EPS by 5c, Revenues Beat; Offers FY20 EPS/Revenue Guidance Below Consensus
FICO (NYSE: FICO) reported Q1 EPS of $1.80, $0.05 worse than the analyst estimate of $1.85. Revenue for the quarter came in at $298.5 million versus the consensus estimate of $287.81 million.
"We had a great start to our fiscal 2020," said Will Lansing, chief executive officer. "We achieved double-digit revenue growth, and are delivering significant innovation throughout the organization."
GUIDANCE:
FICO sees FY2020 EPS of $8.30, versus the consensus of $8.42. FICO sees FY2020 revenue of $1.245 billion, versus the consensus of $1.25 billion.
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