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Intuit (NASDAQ:INTU) raised its full-year guidance and delivered third-quarter results ahead of expectations as the company continued to benefit from its AI-focused platform strategy. However, the financial software group also reduced its annual revenue outlook for TurboTax and announced plans to cut 17% of its workforce as part of a broader operational restructuring programme, sending the stock down more than 13% in premarket trading on Thursday.

Intuit Inc (INTU) reports a 10% revenue increase and raises full-year guidance, while addressing challenges with a 17% workforce reduction and strategic focus on AI-driven platforms.

Financial technology platform Intuit (NASDAQ:INTU) will be reporting results this Wednesday after market close. Here’s what you need to know.

At this time, I would like to welcome everyone to Intuit's Third Quarter Fiscal Year 26 Conference Call. With that, I will now turn the call over to Anne-Sophie Seigneurbieux, Intuit's Senior Vice President of Investor Relations. There are a number of factors that could cause Intuit's results to differ materially from our expectations.

Intuit (NASDAQ:INTU) reported fiscal third-quarter revenue growth of 10% and raised its full-year outlook, while management outlined plans to reduce the company’s full-time workforce by 17% and adjust its approach to lower-income, price-sensitive tax filers. Chairman and CEO Sasan Goodarzi said the

Intuit (INTU) delivered earnings and revenue surprises of +2.59% and +0.45%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?

The maker of TurboTax and QuickBooks will lay off nearly a fifth of its workforce as it makes artificial intelligence a centerpiece of its business.

Financial software firm Intuit late Wednesday beat expectations for its fiscal third quarter and with its Q4 guidance.

Intuit (INTU) reported fiscal Q3 adjusted earnings late Wednesday of $12.80 per diluted share, up fr

TurboTax parent Intuit raised its annual revenue and profit forecasts on Wednesday and announced it would trim ‌17% of its workforce, sharpening its focus on artificial intelligence-powered ‌financial software amid robust demand. The reduction of nearly 3,000 roles globally, reported exclusively by ​Reuters earlier in the day, is expected to help simplify organizational structure and streamline key areas, including AI efforts, according to a staff memo sent by CEO Sasan Goodarzi. It had about ⁠18,200 employees across seven countries as of July 31, 2025, according to its annual report.

Intuit reported better-than-expected financial results for its crucial tax season Wednesday, while also announcing a round of layoffs. Intuit said it’s reducing its full-time workforce by 17%. According to Layoffs.fyi, a website that tracks tech layoffs, 111,173 tech employees have lost their jobs in 2026.

All three major US stock indexes were up in late-morning trading Wednesday, a day after a jump in lo

The TurboTax and QuickBooks maker is eliminating about 3,000 positions and closing 2 offices as it consolidates around AI

Investing.com -- Intuit (NASDAQ:INTU) shares fell 3.9% Wednesday after Reuters reported the company plans to lay off approximately 17% of its global workforce.

Intuit is laying off about 17% of its workforce, or about 3,000 employees worldwide, to streamline ‌operations and sharpen focus on its key bets including its AI efforts, according ‌to an internal memo seen by Reuters on Wednesday. CEO Sasan Goodarzi sent an email to staff earlier ​in the day, saying that reducing complexity and simplifying the structure would help it deliver better products, according to the memo and a source familiar with the matter. Intuit, which is scheduled to report third-quarter results later on Wednesday, did not immediately return a request ‌for comment.

The main US stock measures were pointing higher in Wednesday's premarket activity as traders await t

June Nasdaq 100 E-Mini futures (NQM26) are trending up +0.69% this morning as sentiment improved after Treasury yields retreated from multiyear highs, with attention now turning to an earnings report from chip giant Nvidia.

(Bloomberg) -- For much of the year, chip stocks have been powering the market higher. Now, Nvidia Corp.’s earnings have a chance to confirm that the rally has more room to run — or add another brick to investors’ wall of worry.Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersNATO Is Starting to Consider Hormuz Mission to Protect ShipsHasbro Cancels Dungeons & Dragons Game From ‘Star Wars’ VeteranUS 30-Year Yield Hits Highest Since 2007 as Selloff DeepensBilliona

Nvidia, the most valuable public company by market capitalization, will report earnings Wednesday, the last of the Magnificent Seven tech companies to do so. Big retailers including Walmart and Target will also report this week.

Nvidia, the most valuable public company by market capitalization, will report earnings this week, the last of the Magnificent Seven tech companies to do so. Big retailers including Walmart and Home Depot will also report.

Investors will get highly anticipated quarterly results from Nvidia (NVDA) on Wednesday in what's expected to be the marquee earnings event of the week.

June S&P 500 E-Mini futures (ESM26) are down -0.41%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.30% this morning, pointing to a lower open on Wall Street as oil prices continue to rise amid the stalemate between the U.S. and Iran.

Nvidia, the most valuable public company by market capitalization, will report earnings this week, the last of the Magnificent Seven tech companies to do so. Big retailers including Walmart and Home Depot will also report.

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.16%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.11%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.87%. June E-mini S&P futures (ESM26 ) fell -0.16%, and June E-mini Nasdaq futures...

The S&P 500 Index ($SPX ) (SPY ) today is up +0.79%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.74%. June E-mini S&P futures (ESM26 ) are up +0.77%, and June E-mini Nasdaq futures...