Intuit's revenue and profits were higher than the company forecasted three months ago due to stronger-than-expected results in its QuickBooks-related and Consumer Tax segments. QuickBooks-related revenue was $222.3 million, up 10 percent over the year-ago quarter. TurboTax and TurboTax for the Web products increased nine percent year-over-year to $141.1 million in the 2005 fiscal second quarter ended January 31.

However, Professional Tax revenue was $150.6 million, down four percent, as expected, over the year-ago quarter.

"This was a strong quarter for Intuit, especially given that our tax revenue is increasingly shifting to our third quarter," said Steve Bennett, Intuit's president and chief executive officer. "While it's too early to declare victory on the entire season, we're pleased with our results in tax. We also had a strong quarter in QuickBooks, with a 38 percent surge in unit growth, including subscriptions."