ADVFN - Advanced Financial Network.
HOME» NASDAQ » I » INTU Stock Price » INTU Stock News

Intuit Share News

 Intuit Inc. (mm) Stock Price
INTU Stock Price
 Intuit Inc. (mm) Stock Chart
INTU Stock Chart
 Intuit Inc. (mm) Stock News
INTU Stock News
 Intuit Inc. (mm) Company Information
INTU Company Information
 Intuit Inc. (mm) Stock Trades
INTU Stock Trades

Intuit: TurboTax Use Rose 6% From Year-Ago Tax Season, Warns On 3Q Revenue

DOW JONES NEWSWIRES Use of Intuit Inc.'s (INTU) TurboTax tax-preparation service rose 6% from a year earlier, though the digital category's growth was at the low end of its expectations. Shares slid 3.5% to $58.76 in recent trading. Shares are up 12% this year. For the tax season ended Wednesday, TurboTax handled a total of 24.5 million federal filings, up from 23.1 million a year earlier. The company said filings through TurboTax online rose 11%, while use of TurboTax desktop software fell 3.5%. Intuit, which makes TurboTax and QuickBooks, has posted topline growth as cost-conscious consumers and businesses have been choosing less-expensive software to handle financial accounting and reporting tasks. Intuit also is adding cloud services, mobile apps and other features to make the online utilities more useful. Intuit backed its full-year forecast and said fiscal third-quarter revenue should be at or slightly below its guidance. The company reported in February its fiscal second-quarter profit climbed 62% as the shift to online services generated better-than-expected tax business and contributed to a 16% revenue increase. -By Melodie Warner, Dow Jones Newswires; 212-416-2283; melodie.warner@dowjones.com

Stock News for Intuit (INTU)
DateTimeHeadline
07/01/201509:35:00COMING THURSDAY, 7/16: Intuit QuickBooks Coming to Chicago to...
07/01/201508:35:00Small Businesses Employment Increases in June
06/26/201518:15:53Statement of Changes in Beneficial Ownership (4)
06/22/201508:30:00COMING THIS THURSDAY, 6/25: Intuit QuickBooks Inspires, Educates...
06/19/201513:48:21A New Joint Effort to Combat Tax Identity Theft
06/15/201508:30:00Revolutionary QuickBooks Connect Returns in November
06/11/201514:30:00Intuit Stands Together With Industry and Government to Combat...
06/11/201508:30:00COMING THURSDAY, 6/25: QuickBooks Connect Atlanta Event to Help...
06/04/201517:00:00QuickBooks Online Passes 1 Million Paid Subscribers
06/03/201520:51:00QuickBooks Small Business Big Game Kicks Off
06/03/201519:07:00QuickBooks Small Business Big Game Kicks Off
06/03/201514:47:23Small Firms Shift Toward Cloud-Based Software
06/03/201509:10:06Private Sector Added 201,000 Jobs in May
06/03/201508:30:00QuickBooks Small Business Big Game Kicks Off
06/02/201519:00:54Statement of Changes in Beneficial Ownership (4)
06/02/201518:59:57Statement of Changes in Beneficial Ownership (4)
06/02/201508:30:00Small Businesses Employment Shows Sharp Growth in May
06/02/201508:30:00Chip Cards Coming: How Small Businesses Can Prepare
06/01/201516:18:17Specialized Disclosure Report (sd)
05/28/201513:14:47Statement of Changes in Beneficial Ownership (4)

Intuit and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad