Overview

• For the quarter ended Aug. 31, revenue came in around $15.65–$15.7 billion and adjusted EPS reached $3.58, topping forecasts.
• Adjusted gross billings set a company record at roughly $22.7 billion, up about 12.1% year over year, which the CEO credited to strong execution and a broad portfolio.
• The board raised the quarterly cash dividend 10% to $0.44 per share, payable Oct. 31 to holders of record on Oct. 17, as the company returned about $210 million via buybacks and dividends.
• Fourth-quarter guidance calls for adjusted EPS of $3.45–$3.95, revenue of $16.5–$17.3 billion, and adjusted gross billings of $23–$24 billion.
• Shares showed mixed near-term reactions in reports, ranging from a premarket dip to a 6.12% session gain and higher close, while multiple analysts lifted price targets.