Intuit (INTU) Tops Q2 EPS by 6c, Offers Q3 & FY Guidance
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Intuit Reports Strong Consumer Tax Unit Growth; TurboTax Online Units Increased 12 Percent Season-to-Date
February 25, 2016 4:01 PM ESTCompany Reiterates Full-year Consumer Tax Revenue Guidance
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Intuit Inc. (Nasdaq: INTU) today released the first of two seasonal updates for its fiscal year 2016 consumer tax offerings. Through Feb. 20, sales of TurboTax Online units grew 12 percent versus the comparable prior-year period.
Internal Revenue Service data through Feb. 19 shows that self-prepared efilings increased approximately 3 percent, while assisted e-filings decreased 5 percent.
Total TurboTax e-file growth of 9 percent and other third-party data indicate that weve... More
