Intuit fiscal Q2 tops views, company announces new CFO

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Intuit Inc. late Thursday beat Wall Street expectations for its fiscal second quarter and announced the retirement of its longtime chief financial officer....

Intuit Inc.

late Thursday beat Wall Street expectations for its fiscal second quarter and announced the retirement of its longtime chief financial officer. Intuit earned $168 million, or 60 cents a share, in the quarter, compared with $100 million, or 35 cents a share, in the year-ago period. Adjusted for one-time items, Intuit earned $2.20 a share. Revenue rose 14% to $3 billion, the company said. Analysts polled by FactSet expected adjusted EPS of $1.47 on revenue of $2.9 billion.

late Thursday beat Wall Street expectations for its fiscal second quarter and announced the retirement of its longtime chief financial officer. Intuit earned $168 million, or 60 cents a share, in the quarter, compared with $100 million, or 35 cents a share, in the year-ago period. Adjusted for one-time items, Intuit earned $2.20 a share. Revenue rose 14% to $3 billion, the company said. Analysts polled by FactSet expected adjusted EPS of $1.47 on revenue of $2.9 billion.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines