Intuit: 'QuickBooks Online accounting revenue grew 22 percent for the quarter and 26 percent for the year.'
Portfolio Pulse from Benzinga Newsdesk
Intuit's QuickBooks Online accounting revenue grew by 22% for the quarter and 26% for the year.
August 24, 2023 | 8:01 pm
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POSITIVE IMPACT
Intuit's QuickBooks Online accounting revenue has shown significant growth, which could positively impact the company's stock.
The reported growth in revenue from QuickBooks Online, a key product of Intuit, indicates strong performance and customer acceptance. This could lead to increased investor confidence and a potential rise in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100