Glonghui, May 24 | US fiscal software giant Intuit (INTU.US) US stocks fell more than 6% in the premarket to $622.01. Intuit announced results for the third quarter ending April 30. Revenue was US$6.74 billion, up nearly 12% year on year. Analysts expected US$6.65 billion; earnings per share after deducting one-time items were US$9.88, and analysts expected adjusted earnings of US$9.38 per share. Intuit expects adjusted earnings per share of $1.8 to $1.85 for the fiscal fourth quarter, while analysts expected $1.93. Additionally, the company warns that the number of people using TurboTax software for free has declined.
美股异动｜Intuit盘前跌超6% Q4调整后每股收益指引逊预期
Changes in US stocks | Intuit fell more than 6% before the market, and the Q4 adjusted earnings per share guidance fell short of expectations
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