Intuit Reports Strong Q3 Earnings, Raises Full-Year Outlook
Intuit reported a strong third-quarter performance with revenue up 10% year-over-year to $8.6 billion and earnings above guidance. The company raised its full-year outlook for both revenue and EPS while announcing plans to reduce its workforce by 17%. TurboTax Live is driving significant growth, expected to account for over half of TurboTax's total revenue in the coming year.
Tickers: $INTU
Topics: ai_investment product_strategy revenue_growth workforce_reduction