FAIR ISAAC Reports FY2023 Q4 Earnings Results on November 8, 2023

☀️Earnings Overview

On November 8 2023, FAIR ISAAC ($NYSE:FICO) released their FY2023 Q4 earnings results for the period ended September 30 2023. During the fourth quarter, total revenue increased 11.8% to USD 389.7 million from its year-ago figure, while net income rose 11.8% to USD 101.4 million compared to the same period in the prior year.

Price History

The stock opened at $940.0 and closed at $940.4, up by 0.2% from its previous closing price of 938.4. The overall market performance was generally positive, with the company’s stock trading in the green zone. The Q4 earnings of FAIR ISAAC were in line with the expectations, as analysts had predicted a 0.2% increase in the stock price. The financial report for the quarter showed a solid revenue growth and better-than-expected profits, indicating strong performance for the company.

With the strong quarterly performance, FAIR ISAAC is well positioned to continue its trend of steady growth in the future. Overall, the market responded positively to FAIR ISAAC’s Q4 earnings results, as investors were reassured by the company’s guidance and financial strength. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Fair Isaac. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Fair Isaac. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Fair Isaac. More…

Key Ratios Snapshot

Some of the financial key ratios for Fair Isaac are shown below. More…

Analysis

GoodWhale conducted an evaluation of FAIR ISAAC‘s fundamentals based on the Star Chart. We determined that FAIR ISAAC was strong in growth, medium in profitability, and weak in asset and dividend. This company also had a high health score of 9/10 because of its cashflows and debt; it is able to pay off debt and fund future operations. From this, we classified FAIR ISAAC as a ‘gorilla’, a type of company that has achieved stable and high revenue or earning growth due to its strong competitive advantage. This type of company is likely to be very attractive to investors who value the stability associated with such a strong competitive advantage. Investors who take a long-term view of their portfolios may also be interested in FAIR ISAAC due to its potential for future growth. Finally, those who prioritize profitability and dividend yields may be less interested, given the company’s weaker scores in these areas. More…

Peers

The company’s competitors include WingArc1st Inc, Kingdee International Software Group Co Ltd, and Advantego Corp.

– WingArc1st Inc ($TSE:4432)

Founded in 1923, Arc1st Inc is a publicly traded company that provides engineering and construction services to the energy and power industry. It has a market capitalization of $77.9 billion and a return on equity of 13.29%. The company operates in three segments: upstream, midstream, and downstream. Its upstream segment provides services to exploration and production companies; midstream segment provides services to pipeline and gas processing companies; and downstream segment provides services to refining and petrochemical companies.

– Kingdee International Software Group Co Ltd ($SEHK:00268)

Kingdee International Software Group Co Ltd is a global provider of enterprise software solutions. The company offers a wide range of products and services, including enterprise resource planning (ERP), customer relationship management (CRM), and enterprise performance management (EPM) software. It also provides cloud-based solutions, mobile applications, and industry-specific solutions. The company serves customers in a variety of industries, including manufacturing, retail, distribution, food and beverage, and healthcare.

– Advantego Corp ($OTCPK:ADGO)

Advantego Corp is a publicly traded company with a market capitalization of 1.64 million as of 2022. The company has a return on equity of 12.17%. Advantego Corp is engaged in the business of providing marketing and advertising services. The company offers a variety of services including search engine optimization, social media marketing, and pay per click advertising.

Summary

Investors are likely pleased with Fair Isaac‘s (FICO) fourth quarter earnings report for FY2023, which showed total revenue of $389.7 million and net income of $101.4 million, representing increases of 11.8% year-over-year for both. With the company continuing to deliver strong performance, investors may be interested in further evaluating the current stock price given its potential for continued growth. Analysts should look at the company’s key performance indicators, liquidity position, profitability metrics, and competitive positioning to make an informed decision on whether to invest in FICO.