FICO (FICO) Misses Q3 EPS by 12c, Beats on Revenue; Offers FY24 Guidance

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FICO Announces Earnings of $5.05 per Share for Third Quarter Fiscal 2024

July 31, 2024 4:15 PM EDT

Revenue of $448 million vs. $399 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, 2024.

Third Quarter Fiscal 2024 GAAP Results

Net income for the quarter totaled $126.3 million, or $5.05 per share, versus $128.8 million, or $5.08 per share, in the prior year period. The third quarter in Fiscal 2023 included a large one-time favorable expense adjustment.

Net cash provided by operating activities for the quarter was $213.3 million versus $122.6 million in... More