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Intuit posts strong TurboTax sales growth; ups tax revenue guidance

  • Intuit (INTU +2.9%) has its tail in the air after reporting 14% growth in TurboTax online sales this year, and upping guidance for Consumer Tax revenue growth to about 6% from the previous 4-5% range. Total company revenue growth guidance of 6-8% is reiterated.
  • Source: Press Release
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