Summary
Intuit Inc. (INTU) filed an 8-K on July 17, 2018, reporting an event on July 17, 2018, primarily detailing the sale of its data center in Quincy, Washington. This transaction is coupled with an update to the company's financial outlook for the fiscal quarter and full year ending July 31, 2018. Investors should note that while this 8-K includes important operational and financial updates, the information furnished is not deemed "filed" under Section 18 of the Exchange Act, nor incorporated by reference into other SEC filings unless specifically stated.
Key Highlights
- 1Intuit has sold its data center located in Quincy, Washington.
- 2The company has provided an updated financial outlook for the fiscal quarter ending July 31, 2018.
- 3An updated financial outlook for the full fiscal year ending July 31, 2018, has also been issued.
- 4The sale of the data center is a significant operational event for Intuit.
- 5The press release attached as Exhibit 99.01 contains the details of the data center sale and the revised financial guidance.
- 6Investors are cautioned that the information furnished in this 8-K is not considered 'filed' for certain regulatory purposes.