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Intuit Q4 Earnings: Revenue Beat, EPS Beat, Adds $3B To Buyback, Progress On AI-Driven Strategy And More
Thursday, August 22, 2024 - 4:33pm | 527Intuit Inc (NASDAQ:INTU) reported fourth-quarter financial results after the market close on Thursday. Here’s a look at the key metrics from the quarter. Q4 Earnings: Intuit reported fourth-quarter revenue of $3.18 billion, beating the consensus estimate of $3.08 billion. The...
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Fintech Focus For May 26, 2021
Tuesday, May 25, 2021 - 8:32pm | 1722Quote To Start The Day: “Some are born great, some achieve greatness, and some have greatness thrust upon them.” Source: William Shakespeare One Big Thing In Fintech: Just as broadband is now considered core to America’s national infrastructure, the cloud will play an important...
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Fintech Focus For December 18, 2020
Thursday, December 17, 2020 - 6:54pm | 1735Quote To Start The Day: Our fundamental work shows that bitcoin should be worth around $400,000. Source: Scott Minerd One Big Thing In Fintech: Robinhood Markets will pay $65 million to settle allegations that it failed to properly inform clients it sold their stock orders to high-frequency...
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Fintech Focus For November 30, 2020
Sunday, November 29, 2020 - 7:19pm | 1853Quote To Start The Day: Before you judge a man, walk a mile in his shoes. After that who cares?... He’s a mile away and you’ve got his shoes! Source: Billy Connolly One Big Thing In Fintech: In light of its plan to go public, Metromile, an insurance-focused fintech powered by data...
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Fintech Focus For November 27, 2020
Thursday, November 26, 2020 - 8:02pm | 1695Quote To Start The Day: Be polite, be professional, but have a plan to kill everybody you meet. Source: James Mattis One Big Thing In Fintech: Robinhood, creator of the popular stock-trading app of the same name, announced on Friday that Vlad Tenev will be the company's sole chief executive,...
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Justice Department Forces Intuit To Divest Credit Karma's Tax Biz To Square
Wednesday, November 25, 2020 - 11:58am | 411The U.S. Justice Department will reportedly require Intuit Inc. (NASDAQ: INTU) to sell its Credit Karma tax unit to Square Inc (NYSE: SQ) as part of Intuit’s $7.1-billion buyout of Credit Karma. What Happened: On Wednesday, CNBC reported that Intuit must divest Credit Karma’s tax...
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Fintech Focus For November 2, 2020
Sunday, November 1, 2020 - 7:06pm | 2378Quote Of The Day: The secret of success is to do the common thing uncommonly well. - John D. Rockefeller Jr. Fintech Movers: Coinbase Card is a Visa debit card that allows users to spend their cryptocurrency funds directly from their Coinbase accounts. The card is accepted at any retailer that...
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9 San Francisco Fintechs Poised To Shine At The Benzinga Global Fintech Awards
Tuesday, July 7, 2020 - 9:19am | 780The Benzinga Global Fintech Awards — a day of dealmaking, networking and recognition in the financial technology space — takes places Nov. 10. In recognition of those disruptive innovators creating positive and diverse change within the financial services...
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The Financial Wellness Industry Is Showing No Signs Of Slowing Down
Wednesday, March 11, 2020 - 11:40am | 704The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. The proliferation of tech-enabled financial services has led to an explosion of offerings for consumers looking to get their financial...
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Intuit Reports Q2 Earnings Beat, Acquires Credit Karma For $7.1B
Monday, February 24, 2020 - 5:39pm | 246Intuit (NASDAQ: INTU) reported quarterly earnings of $1.16 per share, which beat the analyst consensus estimate of $1.03 by 12.62%. This is a 16% increase over earnings of $1 per share from the same period last year. The company reported quarterly sales of $1.696 billion, which beat the analyst...
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Intuit Expected To Announce $7B Acquisition Of Credit Karma
Sunday, February 23, 2020 - 11:13pm | 433Financial software maker Intuit Inc.'s (NASDAQ: INTU) deal to acquire personal finance company Credit Karma is almost final, and could be announced as soon as Monday, the Wall Street Journal reported. What Happened The deal, if finalized, would be the biggest for Intuit in its 37-year long...
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Credit Karma Announces A New High-Yield Savings Account
Friday, November 22, 2019 - 11:48am | 508The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Credit Karma, a global consumer tech company and financial wellness resource, introduced a free high-yield savings account that...
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Report: Buyout Firm Takes $500M Stake In Credit Karma
Wednesday, March 28, 2018 - 1:28pm | 321Credit Karma — a fintech platform that allows consumers access to check their credit scores and borrowing history and recommends financial products — has inked a deal with buyout shop Silver Lake Partners, The Wall Street Journal reported. What Happened Silver Lake will buy an...
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LendingClub Quietly Mounting Return To Normalcy Following CEO Scandal
Monday, May 1, 2017 - 11:56am | 361Nearly a year after an internal review pressured the resignation of LendingClub Corp (NYSE: LC)’s last CEO, the company appears to be recovering nicely. In fact, Susquehanna Financial Group upgraded it to a Positive rating Monday with a $9 price target. Analyst James Friedman predicted first-...