secwatch.observer — SEC 8-K summary
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Issuer:     INTUIT INC. (INTU)
CIK:        0000896878
Form:       8-K
Filed at:   2022-02-14T23:59:59+00:00
Accession:  0000896878-22-000005
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intuit lowers Q2 FY2022 revenue guidance to $2.66B due to slower tax season; reaffirms FY2022 outlook
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- Q2 revenue forecast cut to $2.660-2.665B from prior $2.719-2.749B range.
- Small Business & Self-Employed and Credit Karma expected to deliver record Q2 revenues.
- Consumer Group (TurboTax) revenue expected $405-410M, up from $147M a year ago.
- Full fiscal 2022 revenue guidance reaffirmed at $12.165-12.300B (26-28% growth).
- Mailchimp acquisition closed Nov 1, 2021; full Q2 results and guidance update on Feb 24.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/896878/000089687822000005/0000896878-22-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/896878/000089687822000005/intu-20220214.htm
  HTML page:      https://secwatch.observer/filing/0000896878-22-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer