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Jun 30, 2020

FICO Q3 2020 Earnings Report

FICO's Q3 2020 earnings were announced, revealing a solid quarter with consistent revenue and record cash flow.

Key Takeaways

FICO reported revenues of $313.7 million, slightly down from $314.2 million in the prior year period. GAAP earnings per share was $2.15, compared to $2.12 in the prior year period. The company's net income was $64.1 million, and free cash flow reached $99.0 million.

FICO reported a solid quarter, demonstrating the resilience of its business.

The company's revenues remained consistent at $313.7 million compared to $314.2 million in the prior year period.

GAAP earnings per share increased to $2.15 from $2.12 in the prior year period.

The company achieved record cash flow during the quarter.

Total Revenue
$314M
Previous year: $314M
-0.2%
EPS
$2.58
Previous year: $2.5
+3.2%
Gross Profit
$225M
Previous year: $227M
-0.8%
Cash and Equivalents
$126M
Previous year: $78.8M
+59.5%
Free Cash Flow
$99M
Previous year: $60.8M
+62.9%
Total Assets
$1.56B
Previous year: $1.37B
+13.9%

FICO

FICO

FICO Revenue by Segment

Forward Guidance

The company will host a webcast today at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to report its third quarter fiscal 2020 results and provide various strategic and operational updates. The call can be accessed at FICO's web site at www.fico.com/investors. A replay of the webcast will be available at our Events Page under Past Events through July 29, 2021.

Revenue & Expenses

Visualization of income flow from segment revenue to net income