Intuit Inc. (INTU) is an American software company that develops financial and tax preparation software and related services for small businesses, accountants and individuals. It is incorporated in Delaware and headquartered in Mountain View, California. Intuit makes the personal finance programs Quicken and TurboTax, as well as the small business accounting program QuickBooks. In addition, they produce QuickBooks Point of Sale solution for small retailers, professional tax solutions ProSeries and Lacerte, and the cloud-based, low-code development platform QuickBase. The company also provides web based SAAS versions of QuickBooks - QuickBooks Online (QBO) - and multiple payroll products, as well as providing processing options to many small businesses. The company maintains a number of foreign sales offices. It has R&D activity in Intuit Canada headquartered in Mississauga, Ontario and Intuit India headquartered in Bengaluru, India. International product versions are now predominantly produced by third-party localizers or licensees.
Reported after close today (5/24/16) Earnings: EPS $3.27 Revenue $2.3B Estimates: EPS $3.03 Revenue $2.25B Down 2.15% after hours
Business and financial software maker Intuit ($INTU) may also see early strength after reporting fiscal third quarter results that exceeded analyst estimates on both the top and bottom lines.
