That is with the addition of an expected Credit Karma revenue of $455 million to $475 million for fiscal 2021. Guidance for revenue growth the other two segments are Consumer Group, 9 percent to 10 percent and ProConnect Group, zero percent to 1 percent. Intuit plans to operate Credit Karma as a separate reporting segment. Intuit says Credit Karma has 110 million members Intuit has 57 million customers. In a webcast this week announcing the change in guidance, CEO Sasan Goodarzi said the combination will enable Intuit to “create significant scale.”
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CREDIT KARMA TO BOOST INTUIT SALES Featured
Intuit expects income for the year ending July 30 to grow by 15 percent to 17 percent over fiscal 2020, the software company said this week. It announced revenues are expected to range from $8.81 billion to $8.995 billion for the current year.
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