The company reported quarter revenues of $155.1 million versus $151.9 million reported in the prior year period. “Our results demonstrate growth in both top-line revenue and new bookings, and general stabilization of our business despite continued macroeconomic challenges,” said Mark Greene, chief executive officer. “As we enter fiscal 2011, I believe we’re well-positioned to realize growth by capitalizing on improving market conditions, our robust and relevant product portfolio, and leadership and other organizational enhancements made during the past year.”
Revenues for fourth quarter fiscal 2010 across each of the company’s three operating segments were as follows:
- Applications revenues, which include the company’s preconfigured Decision Management applications and associated professional services, were $96.1 million in the fourth quarter compared to $94.5 million in the prior year quarter, an increase of 2%, primarily due to an increase in revenue from Fraud Management solutions and Marketing Solutions, slightly offset by a decline in Customer Management solutions.
- Scores revenues, which include the company’s business-to-business (B2B) scoring solutions and associated professional services, and the myFICO(R) business-to-consumer (B2C) service, were $41.7 million in the fourth quarter, which is consistent with the $42.1 million in the prior year quarter.
- Tools revenues, which include Blaze Advisor(R), Xpress Optimization and related professional services, were $17.3 million in the fourth quarter compared to $15.3 million in the prior year quarter, an increase of 13%, primarily due to increases associated with several large license sales during the quarter.
Outlook for fiscal 2011 GAAP Guidance: Revenue US$620 million – US$625 million