AP NEWS

Fair Isaac: Fiscal 4Q Earnings Snapshot

November 1, 2018

SAN JOSE, Calif. (AP) _ Fair Isaac Corp. (FICO) on Thursday reported fiscal fourth-quarter earnings of $50.5 million.

The San Jose, California-based company said it had profit of $1.64 per share. Earnings, adjusted for one-time gains and costs, were $1.89 per share.

The financial services company posted revenue of $279.8 million in the period.

For the year, the company reported profit of $142.4 million, or $4.57 per share. Revenue was reported as $1.03 billion.

Fair Isaac expects full-year earnings to be $6.88 per share, with revenue expected to be $1.13 billion.

Fair Isaac shares have climbed 30 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $198.40, a rise of 38 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FICO at https://www.zacks.com/ap/FICO

AP RADIO
Update hourly