UBS Raises Price Target on Intuit (INTU) Following 3Q Beat and Raise

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Intuit Posts Strong Third-quarter Results; Raises Full-year Guidance

May 24, 2016 4:00 PM EDT

Growth Driven by Significant Innovation Across Offerings; TurboTax Online Units Grew 15 Percent

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Intuit Inc. (Nasdaq: INTU) announced financial results for the third quarter of fiscal year 2016, which ended April 30.

This was simply a great season for TurboTax, said Brad Smith, Intuits chairman and chief executive officer. We delivered an awesome product experience and we remain committed to continuing to invest and build on our competitive advantage to drive share gains for our product and the... More

Intuit QuickBooks Announces Strategic Alliance with BDO USA, LLP for Providing Small Business Online Accounting Services

May 23, 2016 8:30 AM EDT

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Intuit (Nasdaq: INTU) QuickBooks, a global leader in cloud accounting, with more than 1.25 million subscribers worldwide, today announced a strategic alliance with BDO USA, LLP, one of the nations leading accounting and consulting firms. Under the alliance, BDO will use Intuit QuickBooks as a technology partner to provide online accounting services to its small business clients.

Like us, BDO is focused on helping small businesses adopt todays online technologies and streamline processes to fuel their success, said Jim McGinnis, vice president and leader of Intuits Accountant... More