Intuit juggernaut grows QuickBooks subscribers but momentum slows

Fri, 24 May 2019

By Jenny Ruth May 24 (BusinessDesk) - United States-based Intuit increased its online QuickBooks subscriptions to more than 4.2 million at the end of April, up 32 percent compared with the same quarter last year. That’s up from 3.9 million subscribers at Jan. 31. However, the accounting software company’s momentum is slowing somewhat; US customers rose 25 percent to more than 3.1 million in Intuit's fiscal third quarter compared with the year-earlier quarter, and from 2.9 million at Jan. 31 when growth was 32 percent. Customer numb...

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