Intuit Reports Strong Third Quarter Results and Raises Full …

May 23, 2024 · This press release contains forward-looking statements, including expectations regarding: the size, components and our share of the tax preparation software space; …

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Intuit Reports Strong Third Quarter Results And Raises Full Year …

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May 23, 2024 · Business Segment Results Consumer Group Consumer Group revenue grew to $3.7 billion, up 9 percent, in the third fiscal quarter. For the full fiscal year, Intuit expects:

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Intuit Earnings: Strong Performance Highlights Resilience

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Nov 22, 2024 · Wide-moat Intuit started the year strong, with first-quarter results exceeding top and bottom-line estimates. However, the market reacted with a 6% drop after-hours, likely due …

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Intuit Begins Fiscal 2025 On A Strong Note: Time To Buy Or Hold?

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Dec 30, 2024 · Intuit INTU had a strong start in fiscal 2025, delivering 10% revenue growth to reach $3.3 billion in the first quarter. The company's transformation into an AI-driven expert …

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"Intuit: Strong Q3 Confirmed Structural Growth & Resilience".

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May 25, 2022 · Intuit shares are currently up 7.4% after reporting Q3 FY22 results overnight. They are still down 46% from their November peak. Read more on INTU stock here. 7:27 PM · May …

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FAQs about Intuit Reports Strong Third Quarter Results and Raises Full … Coupon?

How resilient is Intuit's consumer segment?

Analysts note that small and medium-sized business customers have demonstrated stronger-than-anticipated resilience, which bodes well for this critical segment of Intuit's business. The Consumer segment, primarily driven by TurboTax, has faced some headwinds but remains a significant contributor to Intuit's overall performance. ...

How did Intuit perform in the third quarter?

Financial Highlights For the third quarter, Intuit: Grew total revenue to $6.7 billion, up 12 percent. Increased Consumer Group revenue to $3.7 billion, up 9 percent. Grew Small Business and Self-Employed Group revenue to $2.4 billion, up 18 percent; increased Online Ecosystem revenue to $1.8 billion, up 19 percent. ...

What did Intuit do in fiscal 2024?

Small Business and Self-Employed Group Revenue Grew 18 Percent MOUNTAIN VIEW, Calif., May 23, 2024 -- (BUSINESS WIRE)-- Intuit Inc. (NASDAQ: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced financial results for the third quarter of fiscal 2024, which ended April 30. ...

Does Intuit have a strong product portfolio?

Intuit's diverse product portfolio continues to be a source of strength for the company. The SBSE segment, anchored by QuickBooks, has shown resilience even in the face of macroeconomic challenges. ...

Does Intuit Inc have a strong market position?

Financial Performance and Market Position: Intuit Inc's recent financial performance underscores its strength in the market. The company's net revenue saw a significant increase, driven by a rise in both service and product segments. ...

How can intuit expand its global footprint?

As small and medium-sized businesses worldwide increasingly adopt digital financial solutions, Intuit has the opportunity to expand its global footprint. By tailoring its products to meet local regulatory requirements and business practices in different countries, Intuit could tap into new customer bases and diversify its revenue streams. ...