Intuit Inc. (NASDAQ: INTU) Thursday reported a rise in adjusted earnings and revenues for the third quarter of 2024. The outcomes additionally exceeded analysts’ estimates.
At $6.74 billion, the Mountain View-headquartered monetary expertise firm’s third-quarter income was 12% larger than the year-ago quantity and above analysts’ estimates. The highest line benefited from sturdy development within the core Small Enterprise and Self-employed phase.
Adjusted earnings elevated to $9.88 per share within the April quarter from $8.92 per share within the third quarter of 2023, and got here in above expectations. On an unadjusted foundation, web earnings had been $8.42 per share in Q3, in comparison with $7.38 per share final 12 months.
