Intuit Archives - CFO

Intuit to Buy Email Marketing Firm Mailchimp for $12B

Intuit to Buy Email Marketing Firm Mailchimp for $12B

The deal is expected to close in the second quarter of next year and lift Intuit’s fiscal 2022 earnings.

By Lauren Muskett | September 14, 2021

Intuit Warns of Revenue Hit From Virus Crisis

Financial Performance

Intuit Warns of Revenue Hit From Virus Crisis

The software firm cited the negative impact of COVID-19 on small business customers and the extension of the tax filing deadline to July 15.

By Matthew Heller | May 8, 2020

Intuit Eyes Millennials With $7B Credit Karma Buy

Intuit Eyes Millennials With $7B Credit Karma Buy

The deal will give the maker of TurboTax access to one of the most popular financial apps for young consumers.

By Matthew Heller | February 25, 2020

‘Great’ Tax Season Drives Intuit Earnings Beat

Financial Performance

‘Great’ Tax Season Drives Intuit Earnings Beat

The company's DIY tax prep software was particularly strong in the third quarter, with TurboTax Live users more than tripling year over year.

By Matthew Heller | May 24, 2019

Intuit Is Selling Its Largest Data Center

Intuit Is Selling Its Largest Data Center

As a result of the deal, the software company, maker of Quickbooks, will incur an operating loss of as much as $85 million.

By William Sprouse | July 18, 2018

QuickBooks Online Powers Intuit Sales Surge

QuickBooks Online Powers Intuit Sales Surge

QBO subscribers rose 170,000 to 2.55 million in Q1 as Intuit capitalized on increased small business usage of the cloud.

By Matthew Heller | November 20, 2017

Intuit Launches Small-Business Loan Service

Intuit Launches Small-Business Loan Service

The software company is aiming to leverage the data it collects from QuickBooks to make working-capital loans of up to $35,000.

By Matthew Heller | November 7, 2017

CFOs on the Move: Week Ending Aug. 25

CFOs on the Move: Week Ending Aug. 25

T. Rowe Price, J. Crew, Intuit, Symetra Financial, Brinker, Merrimack Pharmaceuticals, Dean Foods, Analog Devices, PS Business Parks, Photronics

By Joan Urdang | August 25, 2017

UK Tech Giant Sage to Buy Intacct for $850M

UK Tech Giant Sage to Buy Intacct for $850M

The deal will boost Sage's cloud-based financial management offerings as it faces increasing competition for small business customers.

By Matthew Heller | July 27, 2017

Twitter Names Wall Street Vet Ned Segal as CEO

Twitter Names Wall Street Vet Ned Segal as CEO

“Key question: Can Segal help Twitter tell a more convincing story to investors?”

By Matthew Heller | July 12, 2017

How Millennials Can Find Work with a Purpose in Finance

Talent Management

How Millennials Can Find Work with a Purpose in Finance

Is it realistic or fair for someone to expect to do meaningful work from their first day?

By Neil Williams | May 1, 2017

Growing Globally From Local Beginnings

Growing Globally From Local Beginnings

For a company of any size looking to grow outside its borders, a global strategy is important to get right.

By Neil Williams | September 22, 2016

How Starting At Zero Can Really Add Up

How Starting At Zero Can Really Add Up

"We see a free product offering as a solid component of our financial strategy," writes Intuit CFO Neil Williams.

By Neil Williams | May 24, 2016

Intuit Completes Divestitures With QuickBase Sale

Intuit Completes Divestitures With QuickBase Sale

The software company sheds another non-core asset.

By Matthew Heller | March 8, 2016

Intuit Finds Private-Equity Buyer for Quicken

Intuit Finds Private-Equity Buyer for Quicken

H.I.G. Capital is confident the personal finance software, which was only a small part of Intuit's business, will thrive with increased investment.

By Katie Kuehner-Hebert | March 4, 2016