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Mar 31, 2020

FICO Q2 2020 Earnings Report

FICO's Q2 2020 earnings were announced, revealing a revenue increase compared to the previous year.

Key Takeaways

FICO reported a strong second quarter with revenues of $308 million, up from $278.2 million in the prior year. GAAP earnings per share were $1.94, and non-GAAP EPS was $2.14. Net income reached $58.3 million, and free cash flow was $54.8 million.

FICO's Q2 revenue increased to $308 million compared to $278.2 million in the prior year.

GAAP net income for the quarter was $58.3 million, or $1.94 per share.

Non-GAAP EPS for the quarter reached $2.14, up from $1.56 in the prior year period.

Free cash flow for the quarter was reported as $54.8 million.

Total Revenue
$308M
Previous year: $278M
+10.7%
EPS
$2.14
Previous year: $1.56
+37.2%
Gross Profit
$220M
Previous year: $193M
+14.1%
Cash and Equivalents
$109M
Previous year: $76.9M
+41.7%
Free Cash Flow
$54.8M
Previous year: $43.6M
+25.7%
Total Assets
$1.55B
Previous year: $1.33B
+16.9%

FICO

FICO

FICO Revenue by Segment

Forward Guidance

Due to the uncertainty surrounding the COVID-19 pandemic, the company has withdrawn its financial guidance.

Revenue & Expenses

Visualization of income flow from segment revenue to net income