
Shares of Intuit Inc (NASDAQ:INTU) rose sharply in pre-market trading after the company reported better-than-expected first-quarter financial results.
Intuit, the parent company of QuickBooks, Credit Karma and TurboTax, reported first-quarter revenue of approximately $3.89 billion, beating analyst estimates of $3.76 billion. The company posted first-quarter adjusted earnings of $3.34 per share, beating analyst estimates of $3.09 per share, according to Benzinga Pro.