Categories AlphaGraphs, Technology

Key highlights from Intuit (INTU) Q2 2021 earnings results

Intuit Inc. (NASDAQ: INTU) reported second quarter 2021 earnings results today.

Total revenue fell 7% year-over-year to $1.6 billion.

Net income was $20 million, or $0.07 per share, compared to $240 million, or $0.91 per share, in the same period a year ago. Adjusted EPS fell 41% to $0.68.

For the third quarter of 2021, Intuit expects revenue to grow approx. 53-55%. GAAP EPS is expected to be $5.85-5.95 while adjusted EPS is estimated to be $6.75-6.85.

For fiscal year 2021, revenue is expected to grow 15-17% to $8.8-8.9 billion. GAAP EPS is projected to fall around 21-23% to $5.30-5.50. Adjusted EPS is expected to grow approx. 4-7% to $8.20-8.40.

Most Popular

AVGO Earnings: All you need to know about Broadcom Q1 2021 earnings results

Broadcom Limited (NASDAQ: AVGO) reported first quarter 2021 earnings results today. Total revenue increased 14% year-over-year to $6.65 billion. GAAP net income was $1.3 billion, or $3.05 per share, compared

Infographic: Costco (COST) Q2 2021 sales up 15%; earnings miss

Retail giant Costco Wholesale Corporation (NASDAQ: COST) reported higher earnings and revenues for the second quarter of 2021. Earnings missed analysts’ expectations, while sales beat. Net profit was $951 million

Will shifting to as-a-service model help Hewlett Packard in emerging stronger from COVID?

With the corporate world rapidly shifting to cloud-native computing after the virus outbreak changed work culture and the way businesses operate, technology providers are aggressively innovating their offerings. Hewlett Packard

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top