1028 ET - Intuit sees a few reasons to think it has pricing power. CEO Sasan Goodarzi on an earnings call notes that the company known for products including TurboTax and Credit Karma is mission-critical for many businesses, adding that more than 90% of Intuit is recurring revenue and subscription-based. He also believes the company is a low-cost disruptor in the assisted tax segment, particularly when compared to businesses spending on a number of services that don't communicate with each other. "Therefore, we have a lot of ARPC [average revenue per customer] tailwinds as we look ahead," Goodarzi says. (denny.jacob@wsj.com; @pennedbyden)
(END) Dow Jones Newswires
May 23, 2025 10:28 ET (14:28 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。