First Quarter Fiscal 2012 Revenue The company reported revenues of $170.3 million for the quarter as compared to $155.9 million reported in the prior year period an increase of 9%.
First Quarter Fiscal 2012 Results Net income for the quarter totaled $30.0 million, or $0.81 per share as compared to prior-year period net income of $16.0 million, or $0.40 per share.
Applications revenues, which include the company’s preconfigured Decision Management applications and associated professional services, were $110.2 million in the first quarter compared to $97.6 million in the prior year quarter, an increase of 13%, primarily due to an increase in revenue from Fraud Management solutions, slightly offset by a decline in Customer Management solutions and Marketing solutions.
Scores revenues, which include the company’s business-to-business (B2B) scoring solutions and associated professional services, and the myFICO® business-to-consumer (B2C) service, were $42.5 million in the first quarter compared to $40.8 million in the prior year quarter, an increase of 4%, due to our business-to-business (B2B) scoring solutions.
Tools revenues, which include Blaze Advisor®, Xpress Optimization and related professional services, were $17.6 million in the first quarter compared to $17.5 million in the prior year quarter, an increase of 1%, primarily due to an increase in Optimization license sales during the quarter.
Outlook: The company reiterates the previously issued guidance for fiscal 2012. Revenue in the range of US$ 640 million to US$ 645 million. GAAP net income in the range of US$ 86 million to US$ 89 million.
Source: Marketwatch
