Welcome to our dedicated page for Intuit news (Ticker: INTU), a resource for investors and traders seeking the latest updates and insights on Intuit stock.
Intuit Inc. (NASDAQ: INTU) drives innovation in financial management software through products like QuickBooks and TurboTax. This news hub provides investors and professionals with essential updates about the company's strategic initiatives, product enhancements, and market position.
Access real-time announcements including earnings reports, leadership changes, and technology partnerships. Our curated collection features official press releases alongside verified analysis to help you track Intuit's evolution in accounting solutions, tax automation, and small business ecosystems.
Key coverage areas include quarterly financial results, regulatory filings, product launches like Credit Karma integrations, and corporate responsibility initiatives. All content is organized chronologically for efficient research and due diligence.
Bookmark this page for streamlined access to Intuit's latest developments. Combine our news archive with Stock Titan's financial tools to maintain informed perspectives on this financial technology leader.
Credit Karma Money has launched a new cash back rewards feature for its users, allowing members to earn cash back on purchases made at select merchants using their Credit Karma Visa debit card. This initiative aims to provide all users, especially those with non-prime credit, access to financial benefits usually reserved for credit card users. Members will be automatically enrolled in the program, with no payout minimums for cash back earned. The feature builds on Credit Karma Money's commitment to enhance spending behaviors and provide more value to its over 110 million members.
Intuit (NASDAQ: INTU) announced that Varun Krishna, executive vice president and general manager of its Consumer Group, will participate in a fireside chat at the Bank of America Global Technology Conference on Tuesday, June 7. The event is scheduled for 9:30 a.m. PDT/12:30 p.m. EDT and will be accessible via audio webcast on Intuit’s investor relations website. A replay will be available approximately 24 hours post-event. Intuit delivers a variety of financial products, serving over 100 million customers globally.
Intuit QuickBooks and Mailchimp have launched the inaugural Small Business Hero Day, recognizing three small businesses with
- Hive of the Ozarks (Willard, MO)
- Tree House Craft Coffee & Frozen Yogurt (Houston, TX)
- Ray’s Millpond Cafe (Ray City, GA)
Intuit reported robust financial results for Q3 FY22, with total revenue reaching $5.6 billion, a 35% increase year-over-year. Organic online ecosystem revenue surged 31%, while TurboTax Live revenue is expected to grow 30% to $1 billion for the fiscal year. Operating income rose 25% to $2.4 billion, and earnings per share were $6.28, an 18% increase from last year. Despite a one-time charge of $141 million impacting earnings, Intuit remains confident, updating guidance for revenue and operating income upward for FY22.
U.S. Small Business Administrator Isabella Casillas Guzman and Intuit QuickBooks EVP Alex Chriss will host a Town Hall event on May 19, 2022, at 10 a.m. PT to address challenges faced by small businesses, including access to capital, inflation, and cash flow. The event will be moderated by Emmy-winning journalist Lisa Ling. According to a recent survey, 80% of small business owners have utilized SBA programs, with the top request being easier access to loans. The Town Hall aims to provide insights and solutions to enhance small business success.
Intuit Inc. (Nasdaq: INTU) will release its third-quarter fiscal year 2022 results on May 24, 2022, after market close. The quarter ends on April 30. A conference call to discuss these results is scheduled for 1:30 p.m. Pacific time on the same day, accessible via Intuit's investor site. A replay will be available one week after the call.
Intuit serves over 100 million customers globally with financial solutions like TurboTax and QuickBooks.
Intuit has launched Spreadsheet Sync for QuickBooks Online Advanced, enabling two-way synching with Excel. This integration aims to enhance data accuracy and reporting flexibility for mid-sized businesses. A survey revealed that 30% of customers required Microsoft integration for efficient data management. Spreadsheet Sync minimizes manual entries, allowing bulk uploads and edits of transactions. Key benefits include keeping data synced, providing deeper financial insights, and combining Excel's effectiveness with QuickBooks Advanced.
Marc Visent, CEO of Knowify, has been appointed to the Intuit U.S. Partner Council advisory board. This council consists of 9 members who will provide insights to help Intuit develop products for accountants and small businesses globally. Intuit serves approximately 100 million customers worldwide with its financial products like TurboTax and QuickBooks. Visent brings over a decade of experience in value-added services for small and mid-sized businesses, aiming to enhance the future of bookkeeping and SaaS solutions.
Cerity, a digital provider of workers’ compensation insurance, has partnered with Intuit to offer QuickBooks users streamlined access to essential insurance coverage. This collaboration aims to support small businesses, which have surged in formation recently, in meeting their insurance needs. Cerity's digital-first platform simplifies the process of obtaining coverage, enabling small business owners to focus on growth. Cerity is a subsidiary of Employers Holdings, which has over 100 years of experience in the workers' compensation sector.
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