FICO Reports Net Income of $27.3 Million for Q1 FY 2018
Company continues to grow recurring revenue.
FICO (NYSE: FICO), an analytics and decision management software company, reported revenue of $235.3 million for the first quarter of fiscal year 2018, for the period ended December 31, 2017. Revenue for the same period last year was $219.6 million. FICO also reported GAAP net income of $27.3 million, or $0.86 per share. While impressive, this was $10.6 million less than net income of $37.9 million, or $1.16 per share, for the same period last year.
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