By Kimberly Chin

Intuit Inc. said Monday it expects revenue for the fiscal third quarter to increase by 10% to 11%.

For the three-month period ended April 30, it expects GAAP earnings between $5.53 and $5.58 a share and adjusted earnings in the range of $5.90 to $5.95 a share.

The company affirmed its fiscal 2020 outlook of revenue between $7.44 billion and $7.54 billion and per-share GAAP earnings between $6.35 and $6.45. It continues to project full-year adjusted earnings of $7.50 to $7.60 a share.

Shares of Intuit rose 1.6% in after-hours trading to $291.

Write to Kimberly Chin at kimberly.chin@wsj.com

(END) Dow Jones Newswires

February 24, 2020 17:06 ET (22:06 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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