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Intuit Inc. [INTU] reports $197 million quarterly net profit

Intuit Inc. [INTU] reports $197 million quarterly net profit

Company generates $3.3 billion in revenue

By USinMinutes
Published - Nov 21, 2024, 04:19 PM ET
Last Updated - Nov 22, 2024, 12:47 AM EST

Intuit Inc. Intuit Inc. [INTU] has reported $197 million quarterly profit, an decrease of $2.2 billion from the previous quarter, the company said in a filing to the SEC for the Q1 ended Oct 31, 2024.

Intuit reported the quarterly diluted earnings per share (EPS) of $0.7.

Dollars in millions
Oct 31, 2024    Jul 31, 2024    Apr 30, 2024    Jan 31, 2024   

Income Statement

Revenue $3,283.0  $16,285.0    $3,386.0 
Operating Profit $271.0  $3,630.0  $3,105.0  $369.0 
Net Income $197.0  $2,963.0  $2,389.0  $353.0 
Net Cash $935.0  $4,247.0  $3,629.0  $1,589.0 
Gross Margin $3,283.0  $16,285.0     
Operating Margin $0.0  $0.0  $310,500.0  $0.0 
Profit as % of Revenues1666.50 549.61     
Profit as % of Assets1.08 12.24 8.05 1.23 
Profit as % of Stockholder Equity1.09 16.07 12.74 2.09 
Return on Equity1.09 16.07 12.74 2.09 
Return on Assets0.59 9.22 7.57 1.19 
Turnover Ratio18.00 67.27   0.12 
EBITA$428.0 $4,259.0 $3,141.0 $0.0 

Balance Sheet

Total Assets $33,193.0  $32,132.0  $31,560.0  $29,688.0 
Total Liabilities $15,057.0  $13,696.0  $12,803.0  $12,780.0 

Cash Flow Statement

Operating Cash Flow $362.0  $4,884.0  $4,467.0  $516.0 
Investing Cash Flow -$188.0  -$227.0  $25.0  $244.0 
Financing Cash Flow $761.0  -$397.0  -$851.0  $833.0 
Read the full filing
 
Disclaimer:USinMinutes is an offering of 10kInfo, Inc., bringing you news on the latest regulatory filings. Although care is taken to ensure accuracy, the article does not intend to replace user diligence in decisions of financial or legal implications.
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