Intuit Stock Declines After Q2 Guidance Shortfall and Revenue Delay

Reported 8 months ago

Intuit's stock dropped on Friday following the company's disappointing guidance for the second quarter despite surpassing first-quarter earnings expectations. Concerns over promotional delays for TurboTax's desktop version contributed to a decrease in share value. CFO Sandeep Aujla is scheduled to discuss the earnings further on Yahoo Finance.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis