Intuit Inc reported Q4 revenues of $3.18bn, surpassing estimates, with Small Business growth driving the results.
Intuit Inc reported Q4 financial results with revenue of $3.18bn, surpassing analyst estimates, and adjusted earnings of $1.99 per share, beating predictions. Their Small Business and Self-Employed Group revenue grew 20% YoY, while Consumer Group revenue dropped 12%. Total revenue was up 17% YoY, and the company's stock increased 2.1% in after-hours trading. Intuit's CEO Sasan Goodarzi credits the strong results to their AI-driven expert platform strategy.
August 22, 2024
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