"We are seeing good progress serving mid-market customers in MailChimp, but are seeing higher churn from smaller customers," Sandeep Aujla, Intuit's finance chief, said on a conference call with analysts. "We are addressing this by making product enhancements and driving feature discoverability and adoption to improve first-time use and customer retention."
Better outcomes are a few quarters away, Aujla said.
CreditKarma revenue came in at $524 million, above StreetAccount's $430 million consensus.