FICO (FICO) Posts Q1 EPS of $1.03

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Go back to FICO (FICO) Posts Q1 EPS of $1.03

FICO Announces Earnings for First Quarter Fiscal 2017

January 31, 2017 4:15 PM EST

SAN JOSE, Calif., Jan. 31, 2017 /PRNewswire/ -- FICO (NYSE: FICO), a leading predictive analytics and decision management software company, today announced results for its first fiscal quarter ended December 31, 2016.

First Quarter Fiscal 2017 GAAP ResultsNet income for the quarter totaled $37.9 million, or $1.16 per share, versus $19.2 million, or $0.59 per share, reported in the prior year period.

The current quarter earnings include a reduction to income tax expense of $17.3 million, or $0.53 per share, associated with the adoption of FASB Accounting... More