Intuit Reports Record Figures! But the Weak Outlook Sends the Stock Plummeting!
Reading Time: 4 minutes
Intuit (INTU), the parent company of TurboTax, QuickBooks, Credit Karma, and Mailchimp, has reported impressive results for the fiscal year 2025. Revenue and profit grew in double digits, driven by strong growth in TurboTax Live and Credit Karma. However, despite these successes, investors reacted disappointingly. The outlook for 2026 is more cautious, with expected growth slowing down. The stock lost over 5% in after-hours trading, falling to $659. Intuit – from tax helper to global FinTech platform Intuit is one of the world's leading providers...
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