TECH - Intuit Q3 Earnings: EPS Beat Revenue Beat Guidance Bump AI Momentum And More | Benzinga
Intuit Inc (NASDAQ:INTU) reported third-quarter earnings results for fiscal-year 2024 Thursday after the bell. Here’s a rundown of the report.
Q3 Earnings: Intuit’s third-quarter revenue increased 12% year-over-year to $6.737 billion, beating the consensus estimate of $6.647 billion. The financial technology platform company reported adjusted earnings of $9.88 per share, beating analyst estimates of $9.37 per share, according to Benzinga Pro.
Small Business and Self-Employed Group revenue was up 18% year-over-year, while Consumer Group revenue climbed 9%. Online Ecosystem revenue was up 19%, Credit Karma revenue was up 8% and ProTax Group revenue was up 3% year-over-year.
“The ...