
Shares of credit score provider Fair Isaac FICO.N fall more than 6.6% in premarket trading
Co reports Q1 adjusted profit of $5.79 per share, missing Wall Street estimates of $6.07, according to data compiled by LSEG
FICO's revenue was $439.97 mln in the quarter, missing analysts' expectations of $452.22 mln
Revenue from Scores, the company's largest segment, rose 22.7% driven by price increases and increase in volume of mortgage originations
Growth in Scores came largely from the B2B segment
The company's strategy to drive growth via price hikes could struggle amid pushback from policymakers - brokerage J.P. Morgan
Co management left 2025 adjusted profit per share forecast unchanged at $28.58
Stock down 9.1% YTD, as of previous close; It surged ~71% in 2024