Intuit shares drop as quarterly forecast misses estimates due to delayed revenue

(CNBC) Intuit shares fell 6% in extended trading Thursday after the finance software maker issued a revenue forecast for the current quarter that trailed analysts’ estimates due to some sales being delayed. Revenue increased 10% year over year in the quarter, which ended Oct. 31. Net income fell to $197 million, or 70 cents per share, from $241 million.

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