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amazon partners with intuit to enhance financial tools for sellers

Amazon is partnering with Intuit to integrate QuickBooks software into its Seller Central platform by mid-2025, providing third-party sellers with essential accounting tools and access to loans through QuickBooks Capital. This collaboration aims to enhance financial management for sellers, particularly smaller businesses, as they prepare for the holiday season. The integration will offer real-time insights into profitability, cash flow, and tax estimates, supporting sellers in scaling their operations efficiently.
CNBC
United States Dollar Intuit Inc. Amazon.com, Inc. USA Sasan K. Goodarzi Andy Jassy Dharmesh Mehta Show more
Finance & Economy, Market Report
22:01 09.12.2024

intuit shares decline as revenue forecast falls short of expectations

Intuit shares dropped 6% in after-hours trading following a quarterly forecast that missed analysts' estimates due to delayed sales. While the company reported a 10% year-over-year revenue increase of $3.28 billion and adjusted earnings per share of $2.50, its second-quarter guidance fell short, anticipating a revenue decline in the consumer segment. For the full fiscal year, Intuit expects adjusted earnings per share between $19.16 and $19.36, with revenue growth projected at 12% to 13%.
CNBC
United States Dollar Intuit Inc. Mailchimp USA Sasan K. Goodarzi
Finance & Economy, Market Report
22:17 21.11.2024
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