Intuit beat estimates for its fiscal first quarter but gave an outlook that was below views for the current quarter and full year ahead. The post Intuit Beats Fiscal Q1 Targets Buts Guides Low For Current Quarter, Full Year appeared first on Investor's Business Daily.
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Intuit Inc (NASDAQ:INTU, ETR:ITU) projected fiscal second quarter revenue and profit below Wall Street estimates, sending its shares more than 5% lower after Thursday's closing bell. For the quarter ending in January, the financial technology firm projected revenue in the range of $3.81 billion to $3.85 billion, short of the $3.87 billion expected.
Intuit's fiscal first-quarter results exceeded expectations. The finance software company reaffirmed its full-year view but said promotional changes in the current quarter will affect revenue timing.
Intuit projected second-quarter revenue and profit below market estimates on Thursday, hampered by sluggish demand for its financial management services and a planned change in the timing of its promotions.
MOUNTAIN VIEW, Calif.--(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 first quarter of fiscal 2025, which ended October 31. "We've had a strong start to the year as we demonstrate the power of Intuit's AI-driven expert platform strategy. By delivering '...
Intuit has added a generative artificial intelligence (AI)-powered financial assistant to QuickBooks. The new Intuit Assist for QuickBooks is designed to help small and medium-sized businesses (SMBs) by generating estimates, invoices, bills and payment reminders and delivering personalized recommendations, the company said in a Wednesday (Nov. 20) press release.
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, today announced the launch of Intuit Assist for QuickBooks, a generative AI (GenAI)-powered financial assistant that transforms how businesses run and grow their business. Available to QuickBooks Online customers in the...
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