Intuit (INTU) Tops Q1 EPS by 57c, Offers Q2 and FY Guidance

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Go back to Intuit (INTU) Tops Q1 EPS by 57c, Offers Q2 and FY Guidance

Intuit First Quarter Revenue Grew 14 Percent; Company Provides Guidance for Fiscal 2021

November 19, 2020 4:00 PM EST

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Intuit Inc. (Nasdaq: INTU), maker of TurboTax, QuickBooks and Mint, announced financial results for the first quarter of fiscal 2021, which ended Oct. 31.

"We had a strong start to the year as we continue to accelerate innovation on our A.I.-driven expert platform," said Sasan Goodarzi, Intuits chief executive officer. "We delivered double-digit revenue growth in the quarter and are excited by the velocity of our innovation."

Financial Highlights

For the first quarter, Intuit reported:

Total revenue of $1.3 billion, up 14... More