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Intuit Grows Total Revenue 15 Percent in First Quarter; Small Business Online Ecosystem Revenue Grows 35 Percent
Last intuit inc. earnings: 2/24 04:01 pm
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US:NASDAQ Investor Relations: investors.intuit.com
Reiterates Full Year Fiscal 2020 Guidance MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Intuit Inc. (Nasdaq: INTU), makers of TurboTax, QuickBooks and Mint, announced financial results for the first quarter of fiscal 2020, which ended Oct. 31.“This was a strong quarter across the company. We continue to make progress on our strategy of becoming an A.I.-driven expert platform," said Sasan Goodarzi, Intuit's CEO. "Small Business Online Ecosystem revenue grew 35 percent, exceeding our target to grow 30 percent or more," said Goodarzi. "As we look forward to the upcoming tax season, we're focused on applying the learnings from the last year, including extension season, to deliver even better experiences for our customers."Financial HighlightsFor the first quarter, Intuit grew:Total revenue to $1.2 billion, up 15 percent.Small Business and Self-Employed Group revenue 15 percent to $1.0 billion.Small Business Online Ecosystem revenue by 35 percent.Consumer Group revenue by 11 percent to $100 m
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- Intuit Inc. (INTU): A Bull Case Theory [Yahoo! Finance][Yahoo! Finance]
- Intuit Executive Mark Notarainni to Present at the Barclays 23rd Annual Global Technology Conference[Business Wire]
- Intuit CFO Sandeep Aujla to Present at the Nasdaq 53rd Investor Conference[Business Wire]
- Intuit (NASDAQ:INTU) had its price target raised by analysts at Daiwa Capital Markets from $770.00 to $800.00. They now have a "buy" rating on the stock.[MarketBeat]
- Intuit CEO Sasan Goodarzi to Present at the UBS Global Technology and AI Conference[Business Wire]
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- 12/4/25 - Form 144
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