The following is a summary of the Intuit Inc. (INTU) Q3 2024 Earnings Call Transcript:

Financial Performance:

• Intuit reported Q3 2024 revenue of $6.7 billion, up 12% from the previous fiscal year.

• GAAP operating income grew by 12% to $3.1 billion, and non-GAAP operating income saw an 11% increase to $3.7 billion.

• Earnings per share improved significantly, with GAAP diluted earnings per share growing 14% to $8.42 and non-GAAP diluted earnings per share witnessing an 11% increase to $9.88.

• Revenue from the Consumer group rose by 9% to $3.7 billion, and the Small Business and Self-Employed group revenue spiked by 18%.

Business Progress:

• Strong momentum continues across the company, with a committed focus on the strategy of being a global AI-driven platform for consumers and small businesses.

• There has been growth in core business areas, with QuickBooks Online accounting revenue witnessing a 19% increase in Q3.

• The company plans on accelerating investments in AI, Go-to-Market initiatives for TurboTax Live and QuickBooks Live, and monetizing their small business offering.

• There are also plans to double down on mid-market investments, with an overall goal of digitizing end-to-end experiences for consumers and small businesses.

• The company has updated its full year guidance to expect 13% revenue growth and 16% non-GAAP operating income growth.

• In line with the company's 'Big Bets', they are strategically investing in selective areas to fast-track progress and create more impact. Investments are also being increased in platforms such as Intuit Assist and TurboTax Live.

• The integration of Mailchimp's services with Quickbooks is indicative of enhancing service offerings to customers.

More details: Intuit IR

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.