Overview

• Intuit's third-quarter revenue rose 15% year-over-year to $7.75 billion, surpassing analyst estimates of $7.56 billion.
• The company reported adjusted earnings per share of $11.65, exceeding Wall Street expectations of $10.91.
• Full-year revenue guidance was raised to $18.72–18.76 billion, up from the prior forecast of $18.16–18.35 billion.
• TurboTax Live saw a 47% revenue increase and a 24% rise in AI-enabled service users, marking a 'breakthrough adoption year,' according to CEO Sasan Goodarzi.
• Shares surged over 8% in after-hours trading as Intuit announced plans to integrate AI agents into QuickBooks and revamp its product lineup.