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AI English summary of an SEC filing — figures as filed

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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.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. 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.

  2. 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%.

  3. 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.

  4. 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-written

Analysis 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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.