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Intuit Narrows Loss, Names New CEO

Stock quotes in this article: INTU  

Updated from 5:20 p.m. EDT

SAN FRANCISCO -- In its typically slow fourth quarter, Intuit's(INTU Quote) narrower net loss surprised analysts, but next-quarter revenue guidance came up short.

Additionally on Wednesday, the company announced a change of guard in the CEO post.

The Mountain View, Calif., developer of TurboTax and QuickBooks software reported a per-share loss of 4 cents, or $13.6 million, vs. a loss of $18.9 million in the same quarter last year. ...

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