FICO (FICO) Tops Q3 EPS by 41c; Offers FY23 Guidance

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FICO Announces Earnings of $5.08 per Share for Third Quarter Fiscal 2023

August 2, 2023 4:15 PM EDT

Revenue of $399 million vs. $349 million in prior year

BOZEMAN, Mont.--(BUSINESS WIRE)-- FICO (NYSE: FICO), a leading predictive analytics and decision management software company, today announced results for its third fiscal quarter ended June 30, 2023.

Third Quarter Fiscal 2023 GAAP Results

Net income for the quarter totaled $128.8 million, or $5.08 per share, versus $93.5 million, or $3.61 per share, in the prior year period. The current quarter earnings include a noncash reduction to income tax expense of $9.5 million, or $0.37 per share, associated with the valuation of our research and development tax... More