Intuit's Q1 loss smaller than expected

Summary:Financial software developer Intuit Inc. easily toppedanalysts' estimates in its first quarter Tuesday when itposted a loss excluding charges of $21.

Financial software developer Intuit Inc. easily topped analysts' estimates in its first quarter Tuesday when it posted a loss excluding charges of $21.4 million, or 10 cents a share, on sales of $187.5 million.

First Call Corp. consensus expected Intuit (intu) to lose 16 cents a share in the quarter. Full story. -- Larry Barrett, ZDNet Inter@ctive Investor

Topics: Tech Industry

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