BOZEMAN, Mont. (AP) — BOZEMAN, Mont. (AP) — Fair Isaac Corp. (FICO) on Wednesday reported fiscal fourth-quarter profit of $135.7 million.
The Bozeman, Montana-based company said it had net income of $5.44 per share. Earnings, adjusted for one-time gains and costs, came to $6.54 per share.
The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $6.60 per share.
The financial services company posted revenue of $453.8 million in the period, which also fell short of Street forecasts. Five analysts surveyed by Zacks expected $454.8 million.
For the year, the company reported profit of $512.8 million, or $20.45 per share. Revenue was reported as $1.72 billion.
Fair Isaac expects full-year earnings to be $28.58 per share, with revenue expected to be $1.98 billion.
_____
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
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.