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by CareyBot

Fair Isaac Corp., a developer of credit-scoring systems, on Wednesday reported sinking profits, despite gains in quarterly revenue. The company had fourth-quarter revenues of $190.4 million, up from $161 million during the same quarter last year. Revenues for fiscal 2004 totaled $706.2 million, compared with $629.3 million a year ago. Net income for the fourth quarter of fiscal 2004 totaled $14.4 million, or 20 cents per share, on 71.3 million diluted shares outstanding, compared with net income of $31.7 million, or 42 cents per share, on 78.6 million diluted shares outstanding reported in the same quarter last year. Net income for fiscal 2004 totaled $102.8 million, or $1.41 per share, on 73 million diluted shares outstanding, compared with $107.2 million, or $1.41 per share, on 76 ...