Play 23 different addictive eWoss Games. It's FREE! Win money!
eWoss News
Home  News  Sports  Games
   
Welcome Guest
   Sign Up | Sign In
Business News
Latest Business News
Economic Figures
Dollar & Gold News
Board of Trade News
Personal Finance

eWoss News
Breaking News Headlines
Top News Stories
U.S. National News
World News
Sports News
Business News
Entertainment News
Tech Industry News
Political News
Science News
Health News
Weird News

eWoss NewsBar
Free News Headlines Embedded in Your Browser

eWoss Sports
eWoss Sports Home
NFL
NBA
NCAA Football
College Hoops
NHL
MLB

Latest Business News

Intuit 3Q Profit Off Less Than 1 Percent

Wednesday, May 17, 2006 4:53:54 PM
By MAY WONG

An exterior view of Intuit headquarters is shown in Mountain View, Calif., Wednesday, May 17, 2006. Intuit Inc., maker of TurboTax software, reports third-quarter results after the market close. After a busy tax season caused the company to raise its guidance last month, Wall Street analysts pegged their earnings expectations at $1.76 per share on revenue of $943.7 million.  (AP Photo/Paul Sakuma)SAN JOSE, Calif. (AP) - Personal finance software maker Intuit Inc. said Wednesday its fiscal third-quarter earnings dipped less than 1 percent on new stock option expenses and a higher tax rate, though a strong consumer tax season drove up sales by 14 percent.

For the three months ending in April, the maker of TurboTax and Quicken software said its net income was $298.6 million, or $1.68 per share, compared to $300.5 million, or $1.61 per share, a year ago. Excluding items, the Mountain View, Calif.-based company said it earned $318.3 million, or $1.79 per share, up from $287.5 million, or $1.54 per share, last year.

Revenue increased to $953 million from $834.9 million in the 2005 period.


Would you like to read the rest of this article?

Register with us. It's free!

Registered users have complete access to all articles.

The registration process takes less than one minute to complete. Remember, there is absolutely no charge for this service.

So please sign up or sign in to enjoy unrestricted access to eWoss News.

Other Latest Business News

Manufacturing index drops to 26-year low 9:24AM CT
AP IMPACT: Under pressure, US eased lending rules 9:23AM CT
FBI: Birmingham Mayor arrested on federal charges 9:07AM CT
Budget shortfall forces cutbacks in Trinidad 9:07AM CT
Germany's BayernLB to slash 5,600 jobs 9:03AM CT
Ford weighs selling Volvo amid industry downturn 8:59AM CT
Facebook group creator detained by Croatian police 8:57AM CT
UK says it's not thinking about adopting euro 8:48AM CT
Oil falls below $51 as OPEC doesn't cut output 8:46AM CT
US interbank lending rates continue to rise 8:39AM CT

   

© 2008 eWoss.com. All trademarks are the property of their respective owners. All Rights Reserved.
Copyright 2006 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.