Intuit Gives Rosier Fy18 Outlook

TurboTax, QuickBooks and other accounting software maker $INTU reported 4Q17 net income of $24MM, or $0.09 per share, compared to net loss of $40MM, or $0.16 per share during 4Q16. Revenues during the quarter rose 12% YoY to $842MM from $754MM. Excluding items, the company earned $0.20 per share.

$INTU expects its FY18 revenue to be in the range of $5.64-5.74Bil, up 9-11%. GAAP EPS is expected to be in the range of $4.00-4.10, up 8-10% and non-GAAP EPS to about $4.90-5.00, up 11-13%.

Intuit Inc. Earnings InfoGraphics: Q4 2017 highlights http://alph.st/b13f001c