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Intuit Inc. (INTU) TurboTax Sales Up 10% Y/Y

April 19, 2010 4:06 PM EDT
Intuit Inc. (NASDAQ: INTU) today released the final of three season-to-date updates for its fiscal year 2010 consumer tax products. Through April 16, total TurboTax federal units increased 10 percent over the same period last year.

“We completed another strong tax season, gaining share by helping a record number of customers easily and accurately prepare their taxes,” said Dan Maurer, senior vice president and general manager of Intuit’s consumer group. “We’re very pleased with our results, especially the continued growth online and believe we’re positioned well for continued growth in the future.”

Total unit sales were 20.71 million, up 10% Y/Y compared to 18.76 million units for last year.

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