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Jun 30, 2024
FICO Q3 2024 Earnings Report
FICO's Q3 2024 earnings were announced, revealing revenue growth and increased adoption of key products.
Key Takeaways
FICO reported a revenue of $447.8 million for the third quarter of fiscal year 2024, compared to $398.7 million in the prior year period. GAAP earnings per share was $5.05, while non-GAAP EPS reached $6.25. The company is raising its full year guidance.
FICO reported revenues of $447.8 million, a rise from $398.7 million in the prior year period.
GAAP net income was $126.3 million, or $5.05 per share, compared to $128.8 million, or $5.08 per share, in the prior year period.
Non-GAAP EPS increased to $6.25 from $5.66 in the prior year period.
Software Dollar-Based Net Retention Rate was 108%.
FICO
FICO
FICO Revenue by Segment
Revenue by Segment
Scores Revenues Revenue
CapyFin.comSoftware Revenues Revenue
CapyFin.com Forward Guidance
The company is updating its previously provided guidance for fiscal 2024.
Positive Outlook
- Revenue updated guidance: $1.700 billion
- GAAP Net Income updated guidance: $500 million
- GAAP EPS updated guidance: $19.90
- Non-GAAP Net Income updated guidance: $582 million
- Non-GAAP EPS updated guidance: $23.16
Revenue & Expenses
Visualization of income flow from segment revenue to net income