Categories AlphaGraphs, Earnings, Finance

INTU Earnings: All you need to know about Intuit Q4 2020 earnings results

Intuit Inc. (NASDAQ: INTU) reported fourth quarter 2020 earnings results today.

Revenues grew 83% year-over-year to $1.8 billion.

GAAP net income was $445 million, or $1.68 per share, compared to a net loss of $44 million, or $0.17 per share, in the same period a year ago. Adjusted EPS was $1.81 versus a loss of $0.09 per share last year.

The Board has approved a quarterly dividend of $0.59 per share, payable October 19, 2020, representing an 11% increase versus last year.

Past Performance

During the first half of the fiscal year we grew total company revenue 14 percent, and we saw this momentum continue into the beginning of the third quarter. However,
Also Read:  Zscaler (ZS) reports 46% growth in Q4 revenue on growing digital transformation

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