10-QPeriod: Q1 FY2010

FAIR ISAAC CORP Quarterly Report for Q1 Ended Dec 31, 2009

Filed February 8, 2010For Securities:FICO

Summary

Fair Isaac Corporation (FICO) reported its financial results for the period ending December 31, 2009, in its 10-Q filing on February 8, 2010. The company appears to be navigating the challenging economic environment with a focus on its core software and scoring solutions. Investors should pay close attention to revenue trends, profitability margins, and any indications of future growth drivers. The filing provides management's perspective on the company's performance, financial condition, and outlook, along with details on market risks and control procedures. The overall tone and specific metrics within the Management's Discussion and Analysis (MD&A) section will be crucial for understanding FICO's operational resilience and strategic direction in the evolving credit and analytics landscape.

Financial Highlights

27 data points
Beta

Revenue

$151.50M

71.9% Gross Margin

Net Income

$17.69M

11.7% Net Margin

EPS (Diluted)

$0.37

Cash & Equivalents

$206.21M

Free Cash Flow

$31.26M

Financial Statements
Beta
Revenue$151.50M
Cost of Revenue$42.52M
Gross Profit$108.98M
R&D Expenses$18.98M
SG&A Expenses$55.20M
Operating Expenses$119.86M
Operating Income$31.63M
Interest Expense$5.41M
Net Income$17.69M
EPS (Basic)$0.37
EPS (Diluted)$0.37
Shares Outstanding (Basic)47.61M
Shares Outstanding (Diluted)47.91M

Key Highlights

  • 1The filing covers the financial performance of Fair Isaac Corporation for the quarter and nine months ended December 31, 2009.
  • 2Item 2, 'Management's Discussion and Analysis of Financial Condition and Results of Operations,' will contain critical insights into revenue drivers, cost structures, and profitability trends.
  • 3Investors should examine the 'Quantitative and Qualitative Disclosures About Market Risk' (Item 3) to understand FICO's exposure to various market risks.
  • 4Information regarding 'Legal Proceedings' (Item 1, Part II) and 'Risk Factors' (Item 1A, Part II) is essential for assessing potential threats and uncertainties facing the company.
  • 5The report includes 'Controls and Procedures' (Item 4), which are important for evaluating the reliability of financial reporting.
  • 6Disclosure of 'Unregistered Sales of Equity Securities and Use of Proceeds' (Item 2, Part II) can provide information about capital raising activities and share buybacks.

Frequently Asked Questions

The 10-Q filing details FICO's financial performance for the quarter and nine months ended December 31, 2009. Investors should refer to Item 1, 'Financial Statements,' and Item 2, 'Management's Discussion and Analysis,' for specific details on revenues, net income, earnings per share, and cash flows.

Item 1A, 'Risk Factors,' in Part II of the filing outlines the significant risks and uncertainties that could materially affect FICO's business, financial condition, or results of operations. These could include economic conditions, competitive landscape, technological changes, and regulatory factors.

Item 3, 'Quantitative and Qualitative Disclosures About Market Risk,' provides details on FICO's exposure to market risks such as interest rate fluctuations, foreign currency exchange rates, and other relevant market factors, along with how the company manages these risks.

Item 1, 'Legal Proceedings,' in Part II of the filing will disclose any material pending legal actions that FICO is involved in. This information is crucial for understanding potential financial liabilities or operational disruptions.