FICO (FICO) Misses Q3 EPS by 22c; Maintains FY Non-GAAP EPS Outlook

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FICO Announces Earnings for Third Quarter Fiscal 2017

July 31, 2017 4:15 PM EDT

SAN JOSE, Calif., July 31, 2017 /PRNewswire/ -- FICO (NYSE: FICO), a leading predictive analytics and decision management software company, today announced results for its third fiscal quarter ended June 30, 2017.

Third Quarter Fiscal 2017 GAAP ResultsNet income for the quarter totaled $25.2 million, or $0.78 per share, versus $35.0 million, or $1.08 per share, reported in the prior year period. The current quarter earnings include a reduction to income tax expense of $2.7 million, or $0.08 per share, associated with the adoption of FASB Accounting Standards... More