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> In its fiscal second quarter ended January, Intuit reported revenue of $4.65 billion, a 17% increase, and net profit of $693 million, a 48% improvement compar
by insane_dreamer 5mo ago
> In its fiscal second quarter ended January, Intuit reported revenue of $4.65 billion, a 17% increase, and net profit of $693 million, a 48% improvement compared to a year earlier.
So profits are up 50% YOY and the CEO got a $30M package, but they're cutting 3000 employees.
- matwood 5mo agoCompanies aren’t charities. If those 3k employees were important to the revenue or profit, we’ll find out in the next couple quarters.