CLAIM #32679 · Intuit Inc (INTU) · 2024Q3 earnings call · May 23, 2024 · due Jul 31, 2025
“We remain committed to our financial principles, growing revenue double digits and growing operating income dollars faster -- slower than revenue, leading to expanding operating margin in fiscal 2025 and beyond.”
Sandeep Aujla · CFO
In context
“d earnings per share growth of 28% to 29%, up from prior guidance of 11% to 15% growth; and non-GAAP diluted earnings per share growth of 17%, up from prior guidance of 12% to 14% growth. Our guidance for the fourth quarter of fiscal 2024 includes, revenue growth of 13% to 14%, GAAP earnings per share of $0.25 to $0.30, and non-GAAP earnings per share of $1.80 to $1.85. You can find our full fiscal 2024 and Q4 guidance details in our press release and on our fact sheet. Finally, as Sasan shared earlier, we have made strong progress on our five Big Bets and see opportunities to invest further in select focus areas to accelerate our pace of progress and deliver greater impact. Therefore, as part of our annual financial planning process, we are taking a hard look at reallocating investments. We remain committed to our financial principles, growing revenue double digits and growing operating income dollars faster -- slower than revenue, leading to expanding operating margin in fiscal 2025 and beyond. With that, I’ll turn it back over to Sasan. Sasan Goodarzi: Great. Thank you, Sandeep. Let me close with three points. First, we're very well positioned to take advantage of the largest technological shifts of our era given Intuit strategy and five Big Bets with AI at the center as all we do. Second, given the green shoots we're observing, we are doubling down in key areas of our bets to accelerate growth. Third, we continue to recruit great technical and leadership talent across the company to accelerate our progress. In that context, I'd like to share that Greg Johnson recently returned as Executive Vice President, Intuit, Chief Commercial Officer and Global Small Business & Self-Employed Group Chief Revenue Officer. Greg is a world-class leader with nearly 10 years of experience at Int”
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SEC filings for INTU ↗ · Claim quote is verbatim from the 2024Q3 earnings call.