Intuit : EPS fairly flat in Q1

(CercleFinance.com) - On Thursday evening Intuit reported Q1 2024-25, non-GAAP EPS that inched up 1% to $2.
50, with an adjusted operating profit down 1% to $953m, on revenues that rose 10% to $3.28bn.

The accounting and tax software provider thus boasts a vigorous start to the financial year in terms of business, supported by its Global Business Solutions Group and Credit Karma divisions, whose revenues grew by 9% and 29% respectively.

For FY 2024-25, Intuit confirms that it anticipates non-GAAP EPS of between $19.16 and $19.36, an adjusted operating profit of $7.241bn to $7.316bn, and revenues of $18.160bn to $18.347bn.


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