BOZEMAN, Mont. (AP) — BOZEMAN, Mont. (AP) — Fair Isaac Corp. (FICO) on Wednesday reported fiscal first-quarter profit of $158.4 million.
The Bozeman, Montana-based company said it had profit of $6.61 per share. Earnings, adjusted for one-time gains and costs, were $7.33 per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $6.95 per share.
The financial services company posted revenue of $512 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $498.2 million.
Fair Isaac expects full-year earnings to be $38.17 per share, with revenue expected to be $2.35 billion.
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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
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