Earnings: Intuit (INTU) Q2 profit rises and tops expectations; revenue up 14%

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Financial technology company Intuit Inc. (NASDAQ: INTU ) reported higher revenue and profit for the second quarter of 2023. The results also beat Wall Street estimates.

Intuit Q2 2023 earnings infographic

At $3.04 billion, second quarter profits were up 14% from last year’s period and well above expert projections. The top line benefited from strong growth across all major operations part.


Check out this space to read management/analyst commentary on Intuit’s Q2 results


Adjusted earnings increased to $2.20 per share in the last quarter from $1.55 per share in the second quarter of 2022 and exceeded forecasts. On an unadjusted basis, net income was $0.60 per share, compared to $0.35 per share last year.

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