Intuit Inc. (NASDAQ:INTU ) Barclays 22nd Annual Global Technology Conference December 11, 2024 4:20 PM ET Company Participants Marianna Tessel - EVP and GM, Global Business Solutions Group Conference Call Participants Raimo Lenschow - Barclays Raimo Lenschow Hey, welcome to our next session. Very happy to have Marianna here from Intuit.
Intuit Inc. (NASDAQ:INTU ) Nasdaq 51st Investor Conference December 10, 2024 8:00 AM ET Company Participants Sasan Goodarzi - CEO Conference Call Participants Keith Weiss - Morgan Stanley Keith Weiss Excellent. Thank you, everyone, for joining us.
Intuit's QuickBooks will become Amazon's preferred partner for financial management solutions integrated directly into its site, where Amazon sellers manage their businesses. When integrated into Amazon Seller Central, QuickBooks will help these sellers manage their finances, stay compliant, access capital and grow their business, the companies said in a Monday (Dec. 9) press release.
Amazon's millions of third-party sellers will be able to bring their expense, inventory and tax data into Intuit QuickBooks through a new integration. The companies are targeting mid-2025 to bring the product to market, starting with sellers in the U.S.
Intuit has rolled out new tax platform offerings for personal and small business filers. The company behind services like TurboTax, Credit Karma and QuickBooks announced the new tools Thursday (Dec. 5), saying they were part of its efforts to help taxpayers outside of tax season.
Intuit Inc. (NASDAQ:INTU ) Wells Fargo 8th Annual TMT Summit Conference December 4, 2024 6:00 PM ET Company Participants Mark Notarainni - General Manager of Consumer Group Conference Call Participants Michael Turrin - Wells Fargo Securities Michael Turrin Great. Thanks very much.
Intuit Inc. (NASDAQ:INTU ) UBS Global Technology and AI Conference Call December 3, 2024 12:55 PM ET Company Participants Sandeep Aujla - Chief Financial Officer Conference Call Participants Taylor McGinnis - UBS Taylor McGinnis Hello, everyone, and welcome to UBS' Tech and AI Conference. My name is Taylor McGinnis and I head up the SMID cap application and SaaS coverage here at UBS.
Recently, Zacks.com users have been paying close attention to Intuit (INTU). This makes it worthwhile to examine what the stock has in store.
Technology companies are the growth stock darlings of the stock market, and for good reason. The "Magnificent Seven's" dominance has propelled the Nasdaq Composite to new heights this year, with the technology-heavy index up more than 28% year to date to surpass the 19,000 level.
INTU's Q1 results showcase digital strength with 20% online growth, while desktop revenues decline 17% amid the transition.
Intuit has a robust financial technology platform, including TurboTax, Credit Karma, QuickBooks, and Mailchimp, serving over 100 million customers. The company's big bets are driving them towards continued growth on leveraging AI and expanding their offerings. Financials are strong with 12% revenue growth, 79% gross margin, and 31% EBITDA margin, supported by a solid balance sheet and efficient return on capital.
U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining by more than 350 points on Friday.