Intuit Q1 revenue $2.98B (+15% YoY); non-GAAP EPS $2.47; reaffirms full-year guidance

INTUIT INC.

2024-Q1 EPS reported $0.85 revenue$2,978,000,000

Revenue $2.978B, up 15% YoY; Small Business & Self-Employed revenue $2.3B (+18%); Online Ecosystem $1.6B (+20%).
GAAP operating income $307M (+304%); non-GAAP operating income $960M (+45%); GAAP EPS $0.85 vs $0.14; non-GAAP EPS $2.47 vs $1.66.
Credit Karma revenue $405M (-5%); Consumer Group revenue $187M (+25%); ProTax Group $42M (+24%).
Board approved $0.90/share cash dividend, payable Jan 18, 2024 to holders of record Jan 10, 2024.
Reiterated full-year fiscal 2024 guidance; management cites data and AI strategy as key growth drivers.

item 2.02 item 8.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.92

INTUIT INC. updated its first quarter of fiscal 2024, which ended October 31 guidance (reaffirmed).

Period: first quarter of fiscal 2024, which ended October 31
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Intuit Inc. announced its financial results for the fiscal quarter ended October 31, 2023 and provided forward-looking guidance

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INTUIT INC. filing history →

Source: SEC EDGAR

accession 0000896878-23-000039

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