Intuit Stock Up Late As Q1 Earnings Beat Estimates

By | November 19, 2015

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Intuit (INTU) late Thursday posted Q1 earnings and sales that beat Wall Street’s expectations and sent shares rising after hours. The company, the maker of No. 1 tax software TurboTax and the small-business software suite QuickBooks Online, reported revenue of $713 million, up 17% from the year-earlier quarter, and earnings per share minus items of 9 cents, swinging from an 11-cent loss in the year-earlier quarter. Analysts polled by Thomson Scalper1 News

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