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Monetary expertise firm Intuit Inc. (NASDAQ: INTU) reported greater earnings and revenues for the second quarter of 2023. The outcomes additionally beat Wall Road’s estimates.
At $3.04 billion, second-quarter revenues had been up 14% from the year-ago interval and effectively above consultants’ projections. The highest line benefited from sturdy progress throughout all key working segments.
Examine this area to learn administration/analysts’ feedback on Intuit’s Q2 outcomes
Adjusted earnings elevated to $2.20 per share within the newest quarter from $1.55 per share within the second quarter of 2022 and exceeded the forecast. On an unadjusted foundation, web revenue was $0.60 per share, in comparison with $0.35 per share final yr.