$FICO -4.5% b/c there are A LOT of haters Rev + 25%, Net Inc + 13% But they are just going to buy their shares back and call it a day. EPS + 26% Now here's where it gets interesting. FICO actually grew the dickens out of revenue. AND they are - despite investing in the biz, throwing off $1b in free cash flow. I mean... it's hard to say what they will do as they buy back all that stock.... but ya know... you can't not watch this one. As much as Pulte has a bone to pick with these guys trying to put in new free versions of the software, they weren't really charging that much so there is no reason to take the risk of canceling them out if you're a real financial company. IDK... let's see. My position in FICO is small, but I am intrigued by how they navigate the situation. On the Q&A, prob one of the funniest things I've heard as a discussion: Question: What are you going to do with prices? Answer: Here's the deal, we got more transparent since this discussion came up even though we actually get awards for our transparency. All that really happened is ya'll made us the poster child for closing cost affordability even though what is charged for the score is like $10 max. So here's what we're going to do. We're gonna stop sharing b/c there are actually competitive reasons not to. And ALSO, since you're not going to reward us for it, we might as well not do it. Instead, we'll just buy back our stock b/c our growth is actually pretty crazy.
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