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Blucora Announces First Quarter 2016 Adjusted EBITDA up 11 Percent Year Over Year

April 28, 2016 6:30 AM EDT

BELLEVUE, WA -- (Marketwired) -- 04/28/16 --

Blucora, Inc. (NASDAQ: BCOR), a leading provider of technology-enabled financial solutions to consumers, small businesses and tax professionals, today announced financial results for the first quarter ended March 31, 2016 and provided preliminary tax season update.

First Quarter Highlights and Recent Developments

Blucora named John S. Clendening as president and chief executive officer TaxAct revenue and segment income expected to grow approximately 18 percent and 20 percent respectively for the six months... More