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Intuit Expects Q3 Revenue, Operating Income And Earnings To Be Lower Than Guidance

Intuit Inc. (NASDAQ:INTU) today announced that revenue, operating income and earnings for its third fiscal quarter are expected to be lower than guidance due to the negative impact of COVID-19 on its small business

Benzinga · 05/07/2020 21:40

Intuit Inc. (NASDAQ:INTU) today announced that revenue, operating income and earnings for its third fiscal quarter are expected to be lower than guidance due to the negative impact of COVID-19 on its small business customers and the extension of the IRS tax filing deadline to July 15. Intuit is also withdrawing its previously provided fiscal 2020 guidance, reflecting uncertainty in current small business trends.