Form 8-K · Current Report · Filed 2024-11-06
FICO Announces Strong Q4 2024 Financial Results with 16% Revenue Growth
Fair Isaac Corporation (FICO) reported its financial results for the quarter ended September 30, 2024, showing a 16% increase in revenues to $454 million compared to the prior year.
- Filer
- Fair Isaac Corporation FICO · NYSE
- Filed
- Accession
- 0001628280-24-045723
- CIK
- 0000814547
- Signal
- Medium impactTechnology
- Source
- Official filing on sec.gov ↗
Details
The company achieved GAAP EPS of $5.44 and non-GAAP EPS of $6.54. Free cash flow was $219.4 million for the quarter. The company also provided guidance for fiscal 2025, anticipating double-digit percentage growth across all metrics.
Items reported
Results of Operations and Financial Condition
Financial Statements and Exhibits
Market reaction
Close before filing
$2,009.75
Next session
+8.3%
Since filing
-44.1%
Latest close
$1,122.97
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from FICO reporting the same item, with the next session's move:
Exhibits (1)
About Fair Isaac Corporation
Fair Isaac Corporation is a pioneering analytics company known for its Fair Isaac Credit Organization score, commonly referred to as the FICO score. This score plays an essential role in the financial services industry by assessing consumer credit risk, impacting sectors such as banking, insurance, and retail. The FICO score aids financial institutions in making informed lending decisions by quantifying a borrower's creditworthiness. Beyond credit scoring, Fair Isaac Corporation offers a range of data analytics, decision management and predictive analytics solutions designed to enhance business performance. Serving a global clientele, the company's tools are instrumental in reducing credit losses and fraud while optimizing customer interactions. Founded in 1956 with headquarters in Bozeman, Montana, Fair Isaac Corporation continues to hold significant market influence as it bridges the gap between data analytics and business decision-making processes.
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