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INTUIT DOUBLES BOTTOM LINE

Neil Williams, Intuit Intuit turned in a good performance for the third quarter ended April 31 but seemed to spend a lot of time fielding questions from analysts asking why its growth in QuickBooks Online was not faster. However, the company doubled net income to slightly more than $1 billion in the most recently ended period from $501 million a year ago. And revenue rose to $2.3 billion, a 7.9 percent increase from $2.14 billion in last year’s corresponding period.

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ARMANINO BECOMES COUPA VAR

Dave Burlington, Armanino Accounting firm Armanino has become a reseller for Coupa Software. The San Ramon, Calif.-based accounting firm and Coupa have worked on joint projects during the last year. In a prepared statement, Dave Burlington, Armanino Cloud Solutions partner, said the companies joined to provide a "seamless ERP and procure to pay solution for growing organizations." Armanino joins the Big Four and consulting firms such as Accenture as Coupa implementation partners.

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MAY 20 INSIGHTS NEWSLETTER DELAYED

Bob Scott's Insights newsletter of May 20 has been delayed by technical issues. As soon as these are resolved and we can deploy the newsletter it will be emailed.

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