Intuit forecasts quarterly results below estimates on weak demand, promotions delay

Q: How long will it take to read this news story?

The story "Intuit forecasts quarterly results below estimates on weak demand, promotions delay" has 390 words across 17 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Intuit forecasts quarterly results below estimates on weak demand, promotions delay" was covered 3 days ago by Channel News Asia, a news publisher based in Singapore.

Q: How trustworthy is 'Channel News Asia' news outlet?

Channel News Asia is a fully independent (privately-owned) news outlet established in 1999 that covers mostly economy and business news. The outlet is headquartered in Singapore and publishes an average of 27 news stories per day. It's most recent story was published 27 minutes ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #23748179</li><li>URL: https://beamstart.com/news/intuit-forecasts-quarterly-results-below-173222879</li></ul>

Channel News Asia Logo Channel News Asia 3d ago

Intuit forecasts quarterly results below estimates on weak demand, promotions delay - Channel News Asia

Quick Summary:

:Intuit projected second-quarter revenue and profit below market estimates on Thursday, hampered by sluggish demand for its financial management services and a planned change in the timing of its promotions.

Shares of the Mountain View, California-based company were down nearly 7 per cent in extended trading.

And as we've always said, another free tax software is not going to make any impact because free (software) is already available to all Americans," he added.