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Revenue of $190 million vs. $184 million in prior year

SAN JOSE, Calif.—January 29, 2015—FICO (NYSE:FICO), a leading predictive analytics and decision management software company, today announced results for its first fiscal quarter ended December 31, 2014.

First Quarter Fiscal 2015 GAAP Results
Net income for the quarter totaled $14.4 million, or $0.43 per share, versus $17.0 million, or $0.47 per share, reported in the prior year period.

First Quarter Fiscal 2015 Non-GAAP Results
Non-GAAP Net Income for the quarter was $22.6 million vs. $26.2 million in the prior year period. Non-GAAP EPS for the quarter was $0.68 vs. $0.73 in the prior year period. Free cash flow for the quarter was negative $4.9 million vs. $25.5 million in the prior year period. The Non-GAAP financial measures are described in the financial table captioned “Non-GAAP Results” and are reconciled to the corresponding GAAP results in the financial tables at the end of this release.

First Quarter Fiscal 2015 GAAP Revenue
The company reported revenues of $189.5 million for the quarter as compared to $184.3 million reported in the prior year period, an increase of 3%. 

“We continue to drive growth in our Applications and Tools segments,” said Will Lansing, chief executive officer. “And we are well-positioned in our Scores segments to deliver on new opportunities. At the same time, we continue to invest in our strategic SaaS initiatives, and are confident that we can deliver long-term growth.”

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New scoring models, cost-efficiencies and custom consulting on offer

BEIJING — January 29, 2015 — FICO (NYSE:FICO), the predictive analytics and decision management software company, today announced that it will release FICO® Alternate Lending Platform for China’s skyrocketing P2P (peer-to-peer) and micro-loan industry. The platform will allow peer-to-peer (P2P) operators and micro credit businesses to improve their profits, reduce time-to-value and implement effective risk management at affordable costs.

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32 percent of Millennials expect to use mobile wallets this year, more than half intend to use alternative payment services and 23 percent are considering a peer-to-peer loan

SAN JOSE, Calif.—January 27, 2015 —A comprehensive survey of U.S. bank customers conducted for FICO (NYSE:FICO), the predictive analytics and decision management software company, found that Millennials are embracing alternative banking services in greater numbers than older generations. Twice as many Millennial respondents (32 percent) report that they are likely to use mobile wallet services like Apple Pay or Google Wallet in the next 12 months as those who are 35 and older (16 percent). Additionally, 56 percent of younger Millennials (18-24) report that they are already using or very likely to use alternative payment services like Venmo and PayPal.

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