Intuit Inc. (NASDAQ: INTU) reported total revenue of $2 billion for the first quarter of 2022, up 52% year-over-year.
GAAP net income was $228 million, or $0.82 per share, compared to $198 million, or $0.75 per share, last year. Adjusted EPS rose 63% YoY to $1.53.
For the full year of 2022, revenue is expected to grow 26-28% to $12.1-12.3 billion. Excluding Mailchimp, revenue is expected to grow 18-20%. For the second quarter of 2022, revenue is expected to grow approx. 73-74%.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Should investors worry about Micron’s (MU) weak Q4 results and guidance?
The semiconductor industry is a rapidly growing business segment that currently thrives on the digital transformation wave. The demand for memory chips and other semiconductor products increased over the years,
What has Bed Bath & Beyond (BBBY) outlined for this fiscal year?
Shares of Bed Bath & Beyond (NASDAQ: BBBY) were up on Friday, a day after the company delivered disappointing results for the second quarter of 2022. The company reported a
NKE Earnings: Highlights of Nike’s Q1 2023 results
Nike, Inc. (NYSE: NKE) has reported a decrease in net profit for the first quarter of 2023, despite a modest increase in revenues. The company's stock suffered a big loss
