Intuit Stock Drops After Q3 Earnings Beat and Workforce Reductions

Intuit (INTU) stock fell by 11% in after-hours trading despite reporting better-than-expected fiscal third-quarter earnings and raising its full-year guidance. The company also announced plans to reduce its workforce.

By Liz Kiesche, SA News Editor · Seeking Alpha ·

Intuit Stock Drops After Q3 Earnings Beat and Workforce Reductions

Tickers: $INTU

Topics: earnings guidance update stock price movement

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