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Benzinga
Benzinga
Business
Adam Eckert

Why Intuit Stock Is Trading Higher

Intuit Intuit Inc

Intuit Inc (NASDAQ:INTU) shares are trading higher Wednesday after the company reported better-than-expected financial results and raised guidance.

Intuit said fiscal third-quarter revenue grew 35% year-over-year to $5.63 billion, which beat the estimate of $5.51 billion, according to data from Benzinga Pro. The company reported quarterly adjusted earnings of $7.65 per share, which beat the estimate of $7.58 per share.

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