Intuit: Q2 EPS up 20%

(CercleFinance.com) - On Thursday evening Intuit reported Q2 2023-24 (ended January), adjusted EPS (non-GAAP) that is up 20% at $2.
63, with adjusted operating profit that rose 17% to $1bn. NB: cp: +3%, pmt -1.4%.

The accounting and tax software publisher reported sales that rose 11% to $3.39bn, buoyed by its small business and self-employed division, where revenues climbed 18%.

For FY 2023-24, it confirms that (again on a non-GAAP basis) it expects EPS of $16.17 to $16.47, operating profit of $6.155bn to $6.26bn, and sales of $15.89bn to $16.105bn.


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