Intuit (NASDAQ: INTU) reported Q3 EPS of $3.43, versus $3.21 reported last year. Revenue for the quarter came in at $2.3 billion, versus $2.26 billion reported last year.

• Grew TurboTax Online units 15 percent for the tax season. Total TurboTax units grew 12 percent.
• Added 140,000 QuickBooks Online subscribers in the quarter, bringing the total to 1,397,000 paid subscribers worldwide at the end of April.

Intuit announced guidance for the fourth quarter of fiscal year 2016, which ends July 31. The company expects:

• Revenue of $720 million to $740 million.
• GAAP operating loss of $80 million to $100 million.
• Non-GAAP operating loss of $15 million to operating income of $5 million.
• GAAP loss per share of $0.26 to $0.28.
• Non-GAAP earnings per share roughly breakeven.

Intuit increased its revenue, operating income and earnings per share guidance for full-year fiscal 2016:

• Revenue of $4.660 billion to $4.680 billion, growth of 11 to 12 percent.
• GAAP operating income of $1.185 billion to $1.205 billion, versus $738 million in fiscal 2015.
• Non-GAAP operating income of $1.490 billion to $1.510 billion, growth of 31 to 32 percent.
• GAAP diluted EPS of $3.53 to $3.55, versus $1.28 in fiscal 2015, which included goodwill and intangible asset impairment charges. Full-year fiscal 2016 GAAP earnings per share reflects an after-tax gain of $173 million on the divestiture of Quicken, QuickBase and Demandforce.
• Non-GAAP diluted EPS of $3.63 to $3.65, growth of 40 to 41 percent.

Intuit also reiterated its full-year fiscal 2016 guidance range for QuickBooks Online subscribers of 1.475 million to 1.500 million.

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