Intuit higher after reporting TurboTax sales, upping guidance

|About: Intuit Inc. (INTU)|By:, SA News Editor

Intuit (NASDAQ:INTU) sold 30.2M federal TurboTax units this year through April 16 (the end of tax season), up 8% Y/Y. TurboTax Online +13% to 23.8M; TurboTax Desktop -6% to 5.4M; TurboTax Free File Alliance -11% to 1M.

Thanks to the numbers, Intuit now expects 8% FY15 (ends July '15) consumer tax revenue growth, above prior guidance of 5%-7%.

INTU +1% AH to $98.23. The all-time high (set on March 20) is $100.88.

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