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; [email protected]

Stock News for Intuit (INTU)
03/13/201703:02:00Over 1.5 Million Take Tax-Refund Loans -- WSJ
03/11/201708:29:00Why More Than a Million Taxpayers Are Reaching for Refund Loans
03/03/201718:17:13Statement of Changes in Beneficial Ownership (4)
02/28/201718:18:49Statement of Changes in Beneficial Ownership (4)
02/23/201718:15:00Intuit Chairman and CEO Brad Smith to Present at Morgan Stanley...
02/23/201717:17:00Intuit Revenue Rises 10%
02/23/201716:39:05Quarterly Report (10-q)
02/23/201716:08:14Current Report Filing (8-k)
02/23/201716:01:00Intuit Reports Preliminary Consumer Tax Units: Reiterates Full-Year...
02/23/201716:00:00Intuit Reports Second-quarter Revenue Up 10 Percent; QuickBooks...
02/21/201708:00:00Intuit Study: On-Demand Economy Helps Reduce Income Volatility...
02/17/201709:00:00Intuit Named to Fast Company’s Top 10 Companies in Design List f...
02/14/201708:30:00Intuit Helps Small Businesses Find Their Perfect Match With New...
02/13/201717:08:16Amended Statement of Ownership (sc 13g/a)
02/10/201716:19:33Amended Statement of Ownership (sc 13g/a)
02/10/201715:12:15Statement of Ownership (sc 13g)
02/10/201705:59:00What to Know Before Using Free Tax-Return Services
02/08/201714:56:51Current Report Filing (8-k)
02/08/201709:23:00Intuit Trims Second-Quarter View on Sluggish Tax Season
02/08/201708:00:00Intuit Adjusts Second Quarter Outlook Reflecting Slow Start for...

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 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations