Fair Isaac Corporation (NYSE:FICO) Q1 2023 Earnings Call Transcript

Steve Weber: In terms of the account management scores, the account review scores, those were actually stronger. So for €“ there’s a lot of different factors looked on that, but it’s a little bit stronger than it was in the prior quarters.

Unidentified Analyst: Appreciate that. And then on the software side of things, is there a usage component that benefited in the quarter? Or is it just strong growth?

Steve Weber: There’s some usage. I mean, it’s a combination. Most of the platform, especially, it’s all based off the usage. So it can either be increased usage of the same functionality or additional use cases that are brought on board.

Unidentified Analyst: But is there like, I guess, a transactional or is there a revenue benefit to, like I said, the increased usage that’s specifically…

Steve Weber: Yes.

Unidentified Analyst: Okay. Appreciate it.

Operator: And that concludes our Q&A session for today. It also concludes the call. We thank you for your participation and ask that you please disconnect your line.