Fair Isaac Q2 Profit Rises; Backs FY14 Outlook - Quick Facts

(RTTNews) - Fair Isaac Corp. (FICO) reported second-quarter net income of $20.8 million or $0.59 per share, compared to $18.5 million or $0.51 per share in the comparable quarter last year.

Non-GAAP net income for the latest second quarter declined to $28.7 million, or $0.81 per share, from $25.4 million, or $0.69 per share in the prior year quarter.

On average, two analysts polled by Thomson Reuters expected the company to earn $0.61 per share for the quarter. Analysts' estimates typically exclude special items.

Quarterly revenues rose to $185.46 million from $179.33 million a year ago.

For fiscal 2014, the company continues to expect GAAP net earnings to be in the range of $2.50 per share to $2.60 per share, non-GAAP earnings in the range of $3.46 per share to $3.56 per share and revenue in the range of $763 million and $773 million.

Analysts currently expect earnings of $2.55 per share and revenues of $764.95 million for fiscal 2014.