INTU Earnings: Intuit's Remarkable Q4 2024 Financial Performance
Thursday, 22 August 2024, 20:03
INTU Earnings Overview
INTU earnings disclosed significant revenue growth for Intuit Inc. (NASDAQ: INTU) in Q4 2024, with a reported revenue of $3.18 billion, up from $2.71 billion in the same quarter last year.
Performance Highlights
- Adjusted earnings rose to $1.99 per share from $1.65 in Q4 2023.
- Unadjusted loss of $0.07 per share compared to a profit of $0.32 per share last year.
Segment Analysis
The impressive top-line growth was largely driven by the Small Business and Self-employed segment, indicating strong demand in Intuit’s offerings.
Market Outlook
With these results, Intuit's stock performance is expected to see positive adjustments as investors react to the encouraging earnings report.
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