Intuit's Loss Widens

Financial institutions revenue gained 3% to $75 million, while other revenue was flat at $67 million.

Overall expenses rose 2% to $557.4 million, while selling and marketing costs jumped 10% to $186.2 million.

"It's clear our customers are facing a challenging economic environment," said President and Chief Executive Brad Smith in a statement. "We believe individuals and small businesses will turn to our products and services to help them save and make money."

Intuit stock fell 15 cents to $20.40 in aftermarket trading, having closed the regular session down 3.4% at $20.55.