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News
What Intuit’s Q4 Earnings Call Reveals About the Cost of Winning Back TurboTax Customers
1+ day, 14+ hour ago (418+ words) Intuit beat Q4 estimates on revenue and EPS, yet Intuit stock fell 3.37% on a guide cut to 9% to 10% growth. See the full breakdown on TIKR for free → Capital return kept pace with the guide cut. Intuit repurchased $2.1 billion of stock in…...
Intuit Stock Tumbles 12% After Massive Workforce Cuts and Revenue Miss
3+ mon, 6+ day ago (273+ words) Intuit (INTU) stock dropped 13% in after-hours trading on Wednesday after the company announced it is cutting 17% of its full-time workforce — more than 3,000 employees — alongside its fiscal Q3 earnings report. Despite the miss, Intuit raised its full-year guidance. The company now expects…...