Blucora, Inc. (BCOR) Tops Q3 EPS by 12c

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Blucora Announces Third Quarter 2016 Results

October 27, 2016 6:30 AM EDT

BELLEVUE, Wash., Oct. 27, 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 third quarter ended September 30, 2016.

Third Quarter Highlights and Recent Developments

Exceeded $10.0 billion in assets under management up 9 percent in the third quarter versus prior year; third quarter net flows of $132.0 million marks best quarter of net flows since first quarter 2015Achieved better than expected performance from advisor-driven revenue; transaction revenue up 18 percent... More