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What: Shares of Fair Isaac
So what: Revenue for the first quarter was $170.3 million, with earnings per share of $0.81. The results trampled the estimates of $159 million and $0.62 per share, respectively, but for some reason it still wasn't enough for investors.
Now what: Fiscal 2012 should see between $640 million and $645 million in sales and GAAP earnings of $2.45 to $2.55 per share. The company also named a new CEO, effective today -- William Lansing, who was already a board member. His predecessor, Dr. Mark Greene, is retiring but will remain onboard in an advisory capacity until February next year, and remain a director until this year's annual meeting for shareholders.
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Fool contributor Evan Niu holds no position in any company mentioned. Click here to see his holdings and a short bio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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