Intuit Shares Climb as Company Beats Expectations and Raises Full-Year Outlook

Intuit (NASDAQ:INTU) posted quarterly results that topped Wall Street expectations on Thursday, supported by robust performance across its business software and consumer finance offerings. Shares rose more than 5% intra-day on Friday. The company reported non-GAAP earnings per share of $3.34 for the fiscal first quarter, beating the analyst estimate of $3.09. Revenue increased 18% to $3.9 billion, surpassing expectations of $3.76 billion. Global Business Solutions revenue rose 18% to $3 billion, driven by a ...