Revenue Update on Fair Isaac Corporation(NYSE:FICO)

Fair Isaac Corporation(NYSE:FICO) announced the earnings results for Fiscal Year 2016 and Q3. The results came in during After-hours on Jul 28, 2016. Company reported revenue of $238.78M. Analysts estimated a revenue of $220.16M. Earnings per share were $1.08. Analysts had estimated an EPS of $0.73.

In a different note, Dougherty & Company said it Initiates Coverage on Fair Isaac Corporation, according to a research note issued on Jul 13, 2016. The shares have been rated ‘Buy’ by the firm.

Fair Isaac Corporation (FICO) shares turned negative on Thursdays trading session with the shares closing down -0.67 points or -0.52% at a volume of 1,61,273. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $128.652. The peak price level was also seen at $128.652 while the days lowest was $127.74. Finally the shares closed at $127.96. The 52-week high of the shares is $130.99 while the 52-week low is $77.57. According to the latest information available, the market cap of the company is $3,948 M.

Several Insider Transactions has been reported to the SEC. On Jul 6, 2016, William J Lansing (President and CEO) sold 7,000 shares at $113.15 per share price.Also, On Jun 8, 2016, Stuart Wells (Executive Vice President) sold 26,424 shares at $114.22 per share price.On Jun 2, 2016, James M Wehmann (Executive Vice President) sold 1,722 shares at $112.00 per share price, according to the Form-4 filing with the securities and exchange commission.

Fair Isaac Corporation (FICO) is analytics Software Company. The Company provides products and services that enable businesses to automate improve and connect decisions to enhance business performance. The Company operates in three segments such as Applications which include pre-configured decision management applications designed for a specific type of business problem or process; Scores which includes the Company’s business-to-business scoring solutions and services its myFICO solutions for consumers and associated professional services and Tools segment which include software tools that clients can use to create their own custom Decision Management applications as well as associated professional services.

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