Early Access

10-QPeriod: Q1 FY2010

INTUIT INC. Quarterly Report for Q1 Ended Oct 31, 2009

Filed December 4, 2009For Securities:INTU

Summary

Intuit Inc. reported its fiscal 2010 second-quarter results for the period ending October 31, 2009. The company demonstrated resilience in a challenging economic environment, with a focus on core product lines and strategic investments. Investors should note the company's ongoing efforts to drive growth through innovation and expanding its service offerings, particularly in the small business and personal finance segments. The filing provides a detailed look at the company's financial performance and operational strategies, offering insights into its ability to navigate the economic landscape and deliver shareholder value.

Financial Statements
Beta
Revenue$515.00M
Cost of Revenue$154.00M
Gross Profit$361.00M
R&D Expenses$141.00M
Operating Expenses$455.00M
Operating Income-$94.00M
Interest Expense$16.00M
Net Income-$70.00M
EPS (Basic)$-0.22
EPS (Diluted)$-0.22
Shares Outstanding (Basic)320.00M
Shares Outstanding (Diluted)320.00M

Key Highlights

  • 1The filing covers Intuit's financial performance for the three months ended October 31, 2009.
  • 2Key financial statements including the Condensed Consolidated Statements of Operations, Balance Sheets, Stockholders' Equity, and Cash Flows are presented.
  • 3Management's Discussion and Analysis (MD&A) provides insights into the company's financial condition and results of operations.
  • 4The report details Intuit's market risk exposure and its quantitative and qualitative disclosures.
  • 5Information on legal proceedings and risk factors that could impact the company's business is included.
  • 6Disclosures regarding unregistered sales of equity securities and use of proceeds are provided.
  • 7Exhibits related to the filing are listed.

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