How did Intuit's revenue perform in the third quarter of fiscal year 2009 compared to the previous year?

The 10-Q filing provides detailed consolidated statements of operations for the three and nine months ended April 30, 2009 and 2008. Investors should review these statements to ascertain the year-over-year revenue performance for the quarter. Management's Discussion and Analysis (MD&A) section will offer context and explanations for any revenue changes, likely referencing the broader economic climate.

What is Intuit's cash position and how is it managing its cash flows?

The Condensed Consolidated Statements of Cash Flows details Intuit's cash inflows and outflows from operating, investing, and financing activities for the periods presented. Investors can assess the company's liquidity, its ability to generate cash from operations, and how it is deploying capital through investments or financing activities.

What are the primary risks and challenges facing Intuit, as highlighted in the filing?

Item 1A, 'Risk Factors,' in Part II of the 10-Q filing is dedicated to outlining the significant risks and challenges the company faces. This could include economic downturns impacting customer spending, competition, technological changes, and regulatory environments. Investors should carefully review this section for a comprehensive understanding of potential headwinds.

Has Intuit been involved in any significant legal proceedings that could impact its financial standing?

Item 1, 'Legal Proceedings,' in Part II of the filing addresses any material legal actions or claims against Intuit. This section is important for assessing potential financial liabilities and operational disruptions arising from litigation.

INTU 10-Q Quarterly Report Q3 FY2009 — Revenue, Net Income, EPS

Summary

Intuit Inc. (INTU) reported its third-quarter results for fiscal year 2009, ending April 30, 2009. The company navigated a challenging economic environment, demonstrating resilience in its core businesses. Revenue and earnings performance were impacted by the ongoing recession, affecting consumer and small business spending. However, Intuit's diversified product portfolio and strong market positions in tax preparation, small business accounting, and personal finance management provided a degree of stability. Investors should pay close attention to management's commentary on the impact of economic conditions on future revenue streams and potential strategies to mitigate these effects, as well as the company's outlook for the remainder of fiscal year 2009.

Financial Highlights

32 data points

Beta

Revenue

$1.42B

0.9% Gross Margin

Net Income

$485.00M

0.3% Net Margin

EPS (Diluted)

$1.47

Cash & Equivalents

$1.22B

Free Cash Flow

$904.00M

Financial Statements

Beta

Revenue	$1.42B
Cost of Revenue	$164.00M
Gross Profit	$1.25B
R&D Expenses	$130.00M
Operating Expenses	$488.00M
Operating Income	$765.00M
Interest Expense	$12.00M
Net Income	$485.00M
EPS (Basic)	$1.51
EPS (Diluted)	$1.47
Shares Outstanding (Basic)	322.00M
Shares Outstanding (Diluted)	329.00M

Key Highlights

1The report covers the third quarter and the first nine months of fiscal year 2009, providing a snapshot of Intuit's performance during a period of economic uncertainty.
2Financial statements include Income Statements, Balance Sheets, Statements of Stockholders' Equity, and Cash Flow Statements, offering a comprehensive view of the company's financial health.
3Management's Discussion and Analysis (MD&A) section is crucial for understanding the drivers of financial performance, challenges faced, and management's outlook.
4The filing details Intuit's market risk exposures and its strategies for managing these risks.
5Key disclosures regarding internal controls and procedures provide assurance on the reliability of financial reporting.
6Information on legal proceedings and risk factors are essential for a complete understanding of potential liabilities and business risks.

INTUIT INC. Quarterly Report for Q3 Ended Apr 30, 2009

Summary

Financial Highlights

Key Highlights

Frequently Asked Questions