Intuit Reports Strong First-Quarter Results; QuickBooks Online Subscribers Grew 57 Percent
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Intuit (INTU) Numbers Bumped Higher at Wedbush Following Q1
November 20, 2015 9:33 AM ESTIntuit (NASDAQ: INTU) revenue grew 17% YoY to $713 million and exceeded consensus of $670 million. Non-GAAP EPS of $0.09 topped consensus ($0.04) due to revenue outperformance and share buybacks.
QBO subscribers for the quarter grew 57% and now total 1,159 million. QBO ARPU stabilized at $18.98 after many quarters of... More
Intuit (INTU) Posts Surprise Q1 EPS; Issues Solid Q2 Outlook
November 19, 2015 4:02 PM ESTIntuit (NASDAQ: INTU) reported Q1 EPS of $0.09, $0.13 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $713 million versus the consensus estimate of $670.37 million.
Financial Highlights
In the first quarter Intuit:
Reported 17 percent revenue... More