Intuit announced its quarterly and fiscal year end in which Brad Smith stated "We closed out our fiscal year 2015 on a strong note, with excellent momentum in each of our core businesses
as we continue to see the benefits of our ongoing transformation into a global cloud company. For full fiscal year, total revenue and earnings per share both came in above the high end of our guidance range, before reclassifying our planned divestitures."
- Fiscal 2015 Revenue of $4.2 billion
- US TurboTax Online units increased 11 percent and total TurboTax units grew 7 percent, excluding the Free File Alliance
- Increased total QuickBooks Online subscribers by 57% for the year
- Reached 1.075 million QBO subscribers through the end of the quarter
- Increased its commitment to return capital to shareholders with a 20% increase in its cash dividend
In addition to reporting the financials the company also announced it will divest Demandforce, QuickBase and Quicken to focus on and invest in businesses that strengthen the ecosystem and align with their strategic goals to be the operating system behind small business success, and to do the nations' taxes in the US and Canada.
You can read the full release with details on the business group results here.