The late start to tax season will re-arrange software maker Intuit Inc.’s revenues by about $120 million, according to the company’s latest outlook, released Tuesday.
Though the company reiterated its full-year guidance, it said that it expects a shift of tax revenue, as well as operating income and earnings per share, from its fiscal second quarter, which ended January 31, to its fiscal third quarter, as the Internal Revenue Service did not begin accepting tax returns until January 31.
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