CLAIM #32602 · Intuit Inc (INTU) · 2023Q4 earnings call · Aug 24, 2023 · due Aug 24, 2028
“Over the long term, we remain committed to our growth algorithm of 10% to 20% ARPC and customer growth.”
Sandeep Aujla · CFO
CANNOT_DETERMINE
resolved by a revision, graded at the moved level · official band 5 percent
Committed
growth algorithm of 10% to 20% ARPC and customer growth
Reported
you should expect us to lean in more towards the ARPC growth because of this dynamic with the mid-market
How to check this claim
Look at: Combined ARPC (average revenue per customer) growth and customer growth rates, long-term average
It came true if: Long-term average combined growth rate (ARPC growth + customer growth) between 10% and 20%
Where: Company-disclosed segment metrics and management commentary (10-K / quarterly earnings calls)
Verify independently
SEC filings for INTU ↗ · Claim quote is verbatim from the 2023Q4 earnings call.