(Updated - May 20, 2014 4:25 PM EDT)

Intuit, Inc. (Nasdaq: INTU) reported Q3 EPS of $3.53, $0.03 better than the analyst estimate of $3.50. Revenue for the quarter came in at $2.39 billion versus the consensus estimate of $2.38 billion.

“Our momentum is building with our transition to the cloud, increasing value for customers and for Intuit,” said Brad Smith, Intuit’s president and chief executive officer. “Executing against our growth strategy we delivered strong results across the board. We grew share in our tax businesses, and our small business subscriber growth continues to accelerate globally.”

Segment highlights:

Small Business

• Total Small Business segment revenue grew 8 percent.
• Small Business Financial Solutions revenue increased 4 percent.
• Subscriber growth increased:
  • QuickBooks Online subscribers grew 36 percent.
  • QuickBooks Desktop subscribers grew 22 percent.
  • QuickBooks Enterprise subscribers grew 18 percent.
• Small Business Management Solutions revenue grew 16 percent.
• Employee Management Solutions revenue grew 13 percent, driven by strong growth in online customers across do-it-yourself and assisted offerings.
• Demandforce subscribers grew 44 percent, which includes the recent acquisition of CustomerLink. Organically, subscribers grew 28 percent.
• Intuit Online Payroll subscribers grew 23 percent.

Consumer

• TurboTax Online units grew 14 percent in the season and total TurboTax units climbed 10 percent.
• Consumer segment revenue increased 13 percent in the third quarter and 7 percent year-to-date.

Professional Tax

• ProTax revenue grew 32 percent in the third quarter and 3 percent year-to-date, driven by strong customer acquisition in Intuit’s higher-value offerings.

Intuit sees Q4 2014 EPS of $0.06 - $0.08, versus the consensus of $0.12. The company also sees Q4 2014 revenue of $683 - $713 million, versus the consensus of $712.20 million.

Intuit sees FY2014 EPS of $3.54 - $3.58, versus the consensus of $3.58. Intuit also sees FY2014 revenue of $4.475 - $4.505 billion, versus the consensus of $4.49 million.

For earnings history and earnings-related data on Intuit, Inc. (INTU) click here.