Intuit TurboTax Online units grow 11%

Intuit Inc. (NASDAQ: INTU) said it has released the first of two season-to-date unit updates for its fiscal year 2014 consumer tax offerings.

Sales of TurboTax Online units grew 11 percent versus the comparable prior-year period. Year to date through Feb. 15, total federal units grew 7 percent.

As of Feb. 14 total do-it-yourself category e-files received by the IRS were up 6.6 percent. On a comparable basis, TurboTax e-files were up 10 percent.

Founded in 1983, Intuit had revenue of USD4.2bn in its fiscal year 2013. The company has approximately 8,000 employees with major offices in the United States, Canada, the United Kingdom, India and other locations. More information can be found at www.intuit.com.

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