Intuit (INTU) Posts Surprise Q1 EPS; Issues Solid Q2 Outlook

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Intuit (INTU) Numbers Bumped Higher at Wedbush Following Q1

November 20, 2015 9:33 AM EST

Intuit (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