Blucora, Inc. (BCOR) Tops Q4 EPS by 9c

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Blucora Reports Fourth Quarter and Full Year 2016 Results

February 16, 2017 6:30 AM EST

BELLEVUE, Wash., Feb. 16, 2017 (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 fourth quarter and full year ended December 31, 2016.

Our business results exceeded our expectations in the fourth quarter, said John Clendening, President and Chief Executive Officer of Blucora.  HD Vest was the primary driver, as segment income was up 13 percent versus last year.  We are pleased with the focus of our teams and the significant progress we made on our multi-stage business transformation.

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