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Intuit’s AI-Driven Growth Fuels Stock Surge

Intuit’s AI-Driven Growth Fuels Stock Surge

Author:

Global Cryptocurrency

Published:

2025-11-21 19:18:02

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BTCCSquare news:

Intuit shares soared Friday after the financial software giant surpassed quarterly expectations, powered by accelerating demand for its AI-powered accounting tools. The TurboTax Maker reported adjusted earnings of $3.34 per share—$0.25 above estimates—with revenue jumping 18% to $3.89 billion.

Mid-market adoption of Intuit's AI agents is driving efficiency gains, with the Accounting Agent reportedly saving customers 12 hours monthly. QuickBooks Online Accounting revenue surged 25% to $1.21 billion, while the Global Business Solutions division grew 18% to $2.99 billion.

CEO Sasan Goodarzi emphasized execution of the company's AI-expert platform strategy during the earnings call. The results demonstrate how enterprise-grade AI implementations are translating directly to bottom-line growth in financial technology sectors.

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