Intuit's AI Tools Boost Earnings, Stock Surges

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Intuits stock surged following Q1 FY2026 results, driven by strong AI tool demand, particularly among mid-sized businesses. The company reported adjusted earnings of $3.34 per share, exceeding expectations by $0.25, and revenue growth of 18% to $3.89 billion. QuickBooks Online Accounting revenue jumped 25% to $1.21 billion. Intuit plans to introduce more advanced features for further integration and efficiency.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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