Intuit Sizes Potential Revenue Shift From IRS Delays; Reiterates Fiscal Year Guidance
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Intuit Sizes Potential Revenue Shift From IRS Delays; Reiterates Fiscal Year Guidance
MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Intuit Inc. (Nasdaq:INTU) confirmed today that if the IRS is unable to accept e-filed returns until February for certain taxpayers, the company expects to shift approximately $40 million to $60 million of revenue and operating income (GAAP and non-GAAP) from Intuit’s second fiscal quarter to its third fiscal quarter. This delay is not expected to affect …
Read more on Business Wire
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Intuit Sizes Potential Revenue Shift From IRS Delays; Reiterates Fiscal Year Guidance
Intuit Inc. confirmed today that if the IRS is unable to accept e-filed returns until February for certain taxpayers, the company expects to shift approximately $40 million to $60 million of revenue and operating income from Intuit’s second fiscal quarter to its third fiscal quarter.
Read more on Business Wire via Yahoo! Finance