💨 Abstract
Intuit, the company behind TurboTax, forecasts third-quarter revenue above Wall Street expectations, driven by demand for its AI-driven financial services software. The ongoing tax season in the U.S. and the launch of AI-powered tools for QuickBooks are boosting the demand. Despite a lower-than-expected forecast for adjusted profit per share, the company's shares rose nearly 3% in extended trading.
Courtesy: theprint.in
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