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TurboTax Remains the Key Driver of Intuit’s Consumer Unit

TurboTax Remains the Key Driver of Intuit’s Consumer Unit

Intuit’s (INTU) consumer unit revenue is highly seasonal. The business unit sees strong revenue growth in the third quarter of every fiscal year, driven by higher e-filling returns. The launch of TurboTax Live, targeting an untapped market, has also contributed to the consumer unit’s revenue growth.