Intuit: EPS up 49% in Q1

(CercleFinance.com) - Intuit reported on Tuesday evening, for its first quarter 2023-24, adjusted EPS up 49% to $2.
47 and adjusted operating profit up 45% to $960 million, on sales up 15% to $2.98 billion.

"With data and AI at the heart of our strategy, we're accelerating innovation across our global financial technology platform to fuel prosperity for consumers and small businesses," comments CEO Sasan Goodarzi.

For fiscal 2023-24, the accounting and tax software company confirms that it expects EPS of $16.17 to $16.47, operating profit of $6.155 to $6.26 billion, and sales of $15.89 to $16.105 billion, again on a non-GAAP basis.

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