Intuit, Inc. (NASDAQ:INTU) has released updates for fiscal 2010 consumer tax products. The total of TurboTax federal unites have been reported to increase by 11% over the year ago period. The company has also announced that its Intuit has raised its full year Consumer Tax guidance from 5-9% to 8-12%. It’s full year total revenue and earnings guidance has been adjusted for the sale of the Intuit Real Estate Solutions business. The company’s financial results for its second quarter are available for review at http://www.intuit.com/.
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Intuit Inc. (Intuit) is a provider of business and financial management solutions. The Company operates in seven segments: Financial Management Solutions, which includes QuickBooks financial and business management software and services, technical support, and financial supplies; Employee Management Solutions, which provides payroll products and services for small businesses; Payments Solutions, which provides merchant services for small businesses, including credit and debit card processing; Consumer Tax, which includes TurboTax income tax preparation products and services for consumers and small businesses; Accounting Professionals, which includes Lacerte and ProSeries professional tax products and services; Financial Institutions, which consists of outsourced online services for banks and credit unions, and Other Businesses, which includes Quicken personal finance products and services. On July 23, 2009, the Company acquired PayCycle, Inc.
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