Monetary expertise firm Intuit Inc. (NASDAQ: INTU) Thursday introduced outcomes for the fourth quarter of 2024, reporting a rise in income and adjusted earnings.
The Mountain View-headquartered firm’s fourth-quarter income was $3.18 billion, in comparison with $2.71 billion within the corresponding quarter a yr earlier. The highest line benefited from sturdy progress within the Small Enterprise and Self-employed section.
Adjusted earnings elevated to $1.99 per share within the July quarter from $1.65 per share within the fourth quarter of 2023. On an unadjusted foundation, the corporate reported a internet lack of $0.07 per share in This autumn, in comparison with a revenue of $0.32 per share final yr.
