Intuit Inc.’s stock dipped 2% in after-hours trading Thursday despite the company posting quarterly revenue that met analysts’ estimates and earnings that…
Intuit said second-quarter revenue increased 11% year-over-year to $3.39 billion, which was in line with the consensus estimate. The company reported quarterly adjusted earnings of $2.63 per share, which beat analyst estimates of $2.30 per share, according to Benzinga Pro.
By Denny Jacob Intuit posted higher revenue in its latest quarter as key segments propelled the growth. The tax-preparation-software maker logged net income.