FX.co ★ Fair Isaac Corp. Lifts FY24 Outlook

Fair Isaac Corporation (FICO) on Wednesday raised its guidance for fiscal year 2024. The company now anticipates a profit of $500 million, or $19.90 per share, up from the previously projected $495 million, or $19.70 per share.

In terms of adjusted profit, FICO expects $582 million, or $23.16 per share, compared to the prior forecast of $573 million, or $22.80 per share.

For the full year 2024, revenue is now expected to reach $1.7 billion, surpassing the previous estimate of $1.690 billion.