Intuit 1Q Revenue Rises 14%
By Allison Prang
Intuit Inc.'s profit rose after the QuickBooks and TurboTax
maker logged a 14% bump in net revenue for its first quarter of its
Intuit's profit was $198 million, or 75 cents a share. Earnings
were more than a year ago when they were $57 million, or 22 cents a
Adjusted earnings were 94 cents a share. According to FactSet,
analysts were expecting 41 cents a share.
Net revenue rose to $1.32 billion, beating analysts'
expectations of $1.21 billion.
Write to Allison Prang at firstname.lastname@example.org
(END) Dow Jones Newswires
November 19, 2020 16:25 ET (21:25 GMT)
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