secwatch.observer — SEC 8-K summary
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Issuer:     INTUIT INC. (INTU)
CIK:        0000896878
Form:       8-K
Filed at:   2023-11-28T23:59:59+00:00
Accession:  0000896878-23-000039
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/896878/000089687823000039/0000896878-23-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/896878/000089687823000039/intu-20231128.htm
  HTML page:      https://secwatch.observer/filing/0000896878-23-000039

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