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Analyzing Intuit’s Recent News and Financials

Amanda Lawrence
Analyzing Intuit’s Recent News and Financials

Intuit’s (INTU) revenue rose at a four-year CAGR (compound annual growth rate) of 7% to $6 billion in fiscal 2018, which ended on July 31, 2018. The company’s net income improved at a four-year CAGR of 10% to $1.5 billion. The company’s Small Business & Self-Employed and Consumer segments generated 50% and 42% of its revenue, respectively, in fiscal 2018.