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;

Stock News for Intuit (INTU)
05/28/201513:14:47Statement of Changes in Beneficial Ownership (4)
05/28/201513:13:27Statement of Changes in Beneficial Ownership (4)
05/28/201513:12:02Statement of Changes in Beneficial Ownership (4)
05/27/201516:18:00Intuit to Present at Bank of America Merrill Lynch Global Technology...
05/27/201508:00:00First Annual Intuit QuickBase EMPOWER 2015 Conference Spotlights...
05/22/201514:16:57Quarterly Report (10-q)
05/21/201521:10:51Intuit Earnings: 2015 Is Turning Out to Be a Transition Year
05/21/201518:10:08Intuit Results Top Guidance
05/21/201518:05:29Intuit Results Top Guidance on Strong Tax Season, QuickBooks...
05/21/201516:13:34Current Report Filing (8-k)
05/21/201516:00:00Intuit Exceeds Third-Quarter Revenue Expectations
05/20/201512:15:10What Is the S&P 500 Index?
05/19/201508:30:00QuickBooks Online Gets in Sync with PayPal
05/18/201508:30:00ONLY A FEW DAYS LEFT TO REGISTER: Intuit QuickBooks Inspires...
05/17/201509:16:35MARKET SNAPSHOT: Big Retailers Cap Earnings Season Against Backdrop...
05/15/201518:10:40MARKET SNAPSHOT: Big Retailers Cap Earnings Season Against Backdrop...
05/12/201508:02:00Revel Systems and Intuit QuickBooks Online to Showcase Integrated...
05/07/201508:30:00Intuit QuickBooks Coming to Boulder for First-Of-Its-Kind Small...
05/05/201514:50:00Intuit Brings Back Small Business Big Game
05/05/201508:30:00Small Businesses Employment Continues Slow Expansion

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