Revenues for nine months (ending June 30th, 2009) declined by 16%. Operating income was down 17% and Net income declined by 25%. Booking for the last quarter were US$ 49 million compared to US$ 64.2 million an indication that business activity is not returning to previous levels.
In regard to the future outlook the company gave the following statement: “In light of the continuing uncertainties in global financial markets and the continuing lack of visibility into our clients spending intentions, the company is not providing revenue and earnings guidance.” Source: FICO
Strategy Machine Solutions declined by 13%, primarily due to declines associated with collections and recovery solutions, consumer solutions, and fraud solutions, all of which were partially offset by a small increase in our precision marketing solutions. Scoring Solutions declined 17% due to a decrease in revenues from credit bureau risk scores. Professional Services declined 25% due to a general decline in license sales and discontinuing low margin services. Analytical Software revenues are down 5% for nine months, however increased in the last quarter due to higher sales in Blaze Advisor™ and FICO Xpress Optimization product. Source: FICO
