Intuit Inc. INTU posted a strong third-quarter performance fueled by explosive growth in its TurboTax Live business. What Happened: During the earnings call on Thursday, the company’s CEO, Sasan ...

TurboTax Live revenue is expected to grow 47%, with customers growing 24%. The company expects total online paying units to grow 6% for the year, with a 13% increase in average revenue per return.

Intuit said it now expects full-year revenue between $18.72 billion and $18.76 billion, up from its prior forecast of $18.16 billion to $18.35 billion. The company forecast adjusted earnings per ...