You can now read 5 articles in a month for free on Read as much as you want anywhere and anytime for just 99¢.

Market Movers

TurboTax raises forecast on strong sales

Intuit said TurboTax sales grew 7 percent through Feb. 15.

Barry Chin/Globe Staff/File

Intuit said TurboTax sales grew 7 percent through Feb. 15.

Continue reading below

Shares of Intuit Inc. climbed after the maker of TurboTax raised its third-quarter earnings forecast due to strong demand for its online tax-preparation software. The Mountain View, Calif., company said sales of its flagship TurboTax grew 7 percent to 14 million units through Feb. 15, led by an 11 percent growth of TurboTax Online. The company gets most of its profit in its second and third quarters when Americans are more likely to buy its software in the lead-up to the tax season.

Loading comments...
Want each day's news headlines delivered fresh to your
inbox every morning? Just connect with us
in one of the following ways:
Please enter a valid email will never post anything without asking.
Privacy Policy
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of
Marketing image of