AI English summary of an SEC filing — figures as filed
The company reported revenue of $433.8 million for fiscal 2024 Q2, which ended March 31, up from $380.3 million a year earlier, and net income of $129.8 million, or $5.16 per share.
Key points
AI summaryThe company reported revenue of $433.8 million for fiscal 2024 Q2, which ended March 31, up from $380.3 million a year earlier, and net income of $129.8 million, or $5.16 per share.
The company said Scores revenue rose to $236.9 million in Q2, up 19% from a year earlier, and Software revenue rose 8% to $196.9 million. It said B2B revenue increased 28%, while B2C revenue fell 4%.
FICO said net cash provided by operating activities fell to $71.0 million in Q2 from $89.8 million a year earlier, and free cash flow was $61.6 million, compared with $88.3 million a year earlier.
The company said it is updating its fiscal 2024 full-year revenue outlook from $1.675 billion to $1.690 billion, and its GAAP net income outlook from $490 million to $495 million.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Fiscal 2024 Q2 Revenue and Net Income
The company reported revenue of $433.8 million for fiscal 2024 Q2, which ended March 31, up from $380.3 million a year earlier, and net income of $129.8 million, or $5.16 per share.
Source · Based on the filing body and exhibits
Scores and Software Segment Revenue
The company said Scores revenue rose to $236.9 million in Q2, up 19% from a year earlier, and Software revenue rose 8% to $196.9 million. It said B2B revenue increased 28%, while B2C revenue fell 4%.
Source · Based on the filing body and exhibits
Fiscal 2024 Q2 Operating and Free Cash Flow
FICO said net cash provided by operating activities fell to $71.0 million in Q2 from $89.8 million a year earlier, and free cash flow was $61.6 million, compared with $88.3 million a year earlier.
Source · Based on the filing body and exhibits
Fiscal 2024 Full-Year Outlook Update
The company said it is updating its fiscal 2024 full-year revenue outlook from $1.675 billion to $1.690 billion, and its GAAP net income outlook from $490 million to $495 million.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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