WASHINGTON (dpa-AFX) - Fair Isaac Corp (FICO) has reported first-quarter earnings that beat last year's but missed Wall Street estimates.
The company's profit amounted to 152.53 million dollars, or 6.14 dollars per share. In the previous year, it was 121.07 million dollars or 4.80 dollars per share.
Excluding special items, Fair Isaac Corp. reported adjusted earnings of 143.79 million dollars, or 5.79 dollars per share, for the period.
Analysts on average had expected earnings of 6.08 dollars per share. Analysts' estimates generally exclude special items.
The company's turnover rose by 15.2 percent to 439.97 million dollars in the reporting period compared to 382.06 million dollars in the previous year.
Fair Isaac Corp. earnings at a glance (GAAP):
-Net income: 152.53 million dollars compared to 121.07 million dollars in the prior year. -Earnings per share: $6.14 compared to $4.80 in the prior year. -Sales: USD 439.97 million compared to USD 382.06 million in the previous year.
-Forecast : Profit forecast for the full year: USD 28.58 Sales forecast for the full year: USD 1.98 billion
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