Intuit's Stock Soars After Strong Earnings and Upgraded Outlook

Reported about 13 hours ago

Intuit, the maker of TurboTax and Credit Karma, reported quarterly earnings that exceeded analysts' expectations and raised its full-year revenue forecast, leading to an over 8% surge in its stock after-hours. The company anticipates full-year revenue between $18.72 billion and $18.76 billion, along with adjusted earnings per share predictions of $20.07 to $20.12. Its third-quarter revenue reached $7.75 billion, a 15% increase year-over-year, further boosting investor confidence.

Source: YAHOO

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