Monetary expertise firm Intuit Inc. (NASDAQ: INTU) Thursday introduced outcomes for the primary quarter of 2025, reporting a modest enhance in adjusted earnings.
The Mountain View-headquartered firm’s first-quarter income got here in at $3.28 billion, in comparison with $2.98 billion within the corresponding quarter a yr earlier. Revenues of the World Enterprise Options phase grew 9%, driving the top-line development.
On an adjusted foundation, Q1 earnings elevated to $2.50 per share within the October quarter from $2.47 per share within the first quarter of 2024. On an unadjusted foundation, the corporate reported a web earnings of $0.70 per share for Q1, in comparison with $0.85 per share final yr.