Intuit Inc. (Nasdaq: INTU), maker of TurboTax, QuickBooks and Mint, announced financial results for the second quarter of fiscal 2020, which ended Jan. 31.

"We are halfway through our fiscal year and continue to see strong momentum as we make progress on our strategy to become an A.I.-driven expert platform," said Sasan Goodarzi, Intuit's chief executive officer. "Our second quarter revenue grew 13 percent overall, fueled by 17 percent growth in the Small Business and Self-Employed Group and 8 percent growth in the Consumer Group," said Goodarzi. "Tax season is well-underway and we’re focused on helping consumers make ends meet and getting their largest tax refund, while delivering the best experience across our products."

Financial Highlights

For the second quarter, Intuit grew:

• Total revenue to $1.7 billion, up 13 percent.
• Small Business and Self-Employed Group revenue 17 percent to $973 million.
• Small Business Online Ecosystem revenue by 35 percent.
• Consumer Group revenue by 8 percent to $499 million.