Intuit Reports 11 Percent Growth in TurboTax Units Through April 16

MOUNTAIN VIEW, Calif – Apr. 20, 2009 – Intuit Inc. (Nasdaq: INTU) today released the final season-to-date update for its fiscal year 2009 consumer tax products. Through April 16, total TurboTax federal units increased 11 percent over the same period last year. Intuit also reiterated its third-quarter and fiscal year 2009 revenue guidance. The company now expects full-year Consumer Tax segment revenue to be slightly below its previous guidance range.

"We're pleased with our customer growth this year and early indications are that we gained share, especially online," said Dan Maurer, senior vice president and general manager of Intuit's consumer tax group. "We're well positioned for continued growth, even though the season-end peak for the category this year was lower than we anticipated."