Blucora (BCOR) Reports Q2 EPS of $0.55

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Blucora Announces Second Quarter 2016 Results

July 28, 2016 6:30 AM EDT

BELLEVUE, Wash., July 28, 2016 (GLOBE NEWSWIRE) -- 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 second quarter ended June 30, 2016.

Second Quarter Highlights and Recent Developments

Increased Blucora operating income and Adjusted EBITDA by 99 percent and 36 percent, respectively, in the second quarter compared to the same period last yearIncreased Tax Preparation revenue and segment income by 18 percent and 21 percent, respectively, for the six months through June 30, 2016 compared to the same period... More