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. reports company developments across its global financial technology platform, including TurboTax, Credit Karma, QuickBooks, Mailchimp and Intuit Enterprise Suite. News commonly covers tax preparation, consumer finance, small-business accounting, payroll, human capital management, marketing, and cloud-based ERP products for small and mid-market businesses.
Recurring updates include quarterly results by business area, AI-enabled product releases, instant-payment capabilities, partner and reseller relationships, conference appearances, dividends, share repurchases, and governance changes. Intuit’s announcements also describe how its platform connects tax, credit, banking, invoicing, payroll, accounting and marketing data across consumer and business workflows.
Intuit Inc. (Nasdaq: INTU) will announce its Q2 fiscal 2021 results on February 23, after market close. The quarter ends January 31. A conference call will be held at 1:30 p.m. PT to discuss the results, accessible at 866-417-5279 in the U.S. or 409-937-8904 internationally. The call can also be streamed live on Intuit’s investor website. A replay will be available for one week post-call. Intuit aims to enhance financial well-being through products like TurboTax, QuickBooks, and Mint, serving over 50 million customers globally.
Intuit (Nasdaq: INTU) has updated its Intuit Aid Assist (IAA) platform to assist small business owners in assessing their eligibility for federal relief and tax credits under the Coronavirus Response Act. IAA features an interactive PPP estimator tool and a tax credit estimator, helping users navigate financial support options. Additionally, QuickBooks customers can apply for a second PPP loan through QuickBooks Capital, leveraging existing business data. This initiative aims to support small businesses during economic challenges.
Intuit (Nasdaq: INTU) is set to host its virtual annual stockholder meeting on January 21 at 9 a.m. PT. CEO Sasan Goodarzi will present the fiscal year 2020 results and outline the company's growth strategy. The meeting will be accessible via a live webcast on Intuit's website, with a replay available about 24 hours later. Intuit aims to empower consumers and small businesses through its suite of financial products like TurboTax, QuickBooks, and Mint, serving over 50 million customers globally.
Intuit (Nasdaq: INTU) has launched an updated Mint app to improve financial management for users. Key features include subscription monitoring, enhanced visualization of net worth, and personalized Mintsights for tailored financial advice. The redesign focuses on usability, allowing for bulk editing of transactions, income tracking, and easier access to important financial information. The app aims to empower users to manage their finances effectively, making it available to millions through the iOS platform.
Sasan Goodarzi, CEO of Intuit, will present at the Goldman Sachs Technology and Internet Virtual Conference on January 12. The presentation starts at 11:00 a.m. Pacific time (2:00 p.m. Eastern time) and will be available live via audio webcast on Intuit’s investor relations site. A replay will be available approximately 24 hours post-presentation.
Intuit aims to power prosperity globally with its financial products like TurboTax, QuickBooks, and Mint. The company serves over 50 million customers worldwide.
Intuit Inc. (Nasdaq: INTU) has unveiled its 2021 brand campaign titled “Straight To You” for TurboTax. This campaign highlights the expertise of TurboTax Live tax experts, allowing users to choose the level of assistance they need while filing taxes. Featuring seven films in both English and Spanish, the campaign will be broadcasted across various platforms, culminating with a Super Bowl ad. The unique approach showcases scenarios relevant to diverse taxpayers, reinforcing TurboTax's commitment to personalized tax solutions.
Intuit's QuickBooks has launched the next phase of its "BACKING YOU" campaign, introducing the "Journey to Success" initiative in the U.S. and Canada. This campaign, featuring baseball legend Alex Rodriguez, will showcase two small businesses' success stories with QuickBooks' tools. The campaign aims to empower small businesses by demonstrating how QuickBooks' suite of services like Payments, Payroll, and Live Bookkeeping can enhance their operations. The campaign continues a successful legacy initiated in 2017, further solidifying QuickBooks as a trusted partner for small businesses.
The NFL and Intuit have renewed their official partnership through 2022. TurboTax Live will continue as the presenting sponsor for the AFC and NFC Divisional and Championship games during the 2020 season. This partnership expands from 2019, when TurboTax Live became the first-ever presenting sponsor of both Championship Games. Intuit aims to connect with NFL fans to promote their tax and financial solutions, especially during tax season. Additionally, Intuit remains the NFL's official sponsor for financial and accounting software, continuing their long-standing relationship.
Intuit Inc. (Nasdaq: INTU) has updated its fiscal year 2021 guidance following the completion of its acquisition of Credit Karma on Dec. 3. The company anticipates revenue between $8.810 billion and $8.995 billion, reflecting a 15-17% growth, despite a projected decline in GAAP operating income by 9-12%. Credit Karma is expected to contribute $545 million to $580 million in revenue and $15 million to $35 million in operating income. For Q2 2021, Intuit forecasts revenue between $1.935 billion and $1.965 billion.
Intuit has successfully completed its acquisition of Credit Karma for approximately $3.4 billion in cash and stock. This strategic move aims to enhance consumer finance offerings, creating a platform to assist over 110 million Credit Karma members and 57 million Intuit customers in better managing their finances. With growing consumer financial challenges exacerbated by the pandemic, Intuit plans to deliver innovative financial solutions, including better access to credit products and financial advice.