Close
Intuit Inc. has showcased its financial strength with a remarkable 13% revenue increase, reaching $16.3 billion for the fiscal year 2024. The company's performance was bolstered by significant growth in its Small Business and Self-Employed Group, which saw a 19% revenue rise, primarily due to QuickBooks Online. This success highlights Intuit's strategic focus on creating an integrated platform that meets diverse financial needs.
The Consumer Group, including TurboTax, also performed well, with a 7% revenue increase, driven by the popularity of TurboTax Live. Intuit's commitment to global expansion is evident, as it rebranded its Small Business and Self-Employed Group to the Global Business Solutions Group, reflecting its ambition to cater to businesses of all sizes. The company's future guidance remains optimistic, projecting continued growth supported by its AI-driven expert platform.
• Intuit's AI-driven platform enhances personalized financial solutions for users.
• The company projects 12% to 13% revenue growth for fiscal year 2025.
Intuit's strategy focuses on leveraging AI to provide personalized financial solutions.
Intuit aims to simplify complex tasks and empower users with informed decisions using AI.
Intuit's innovative use of AI positions it as a leader in the financial technology space.
Channel NewsAsia Singapore 14month
Seeking Alpha on MSN.com 14month
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.
Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.
Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.
Log in
Sign Up
AI Tools - Popular
AI Tools - Categories
GPTs - Categories
AI for Jobs
Key AI Highlights in this Article
Key AI Terms Mentioned in this Article
Companies Mentioned in this Article
