Blucora, Inc. (BCOR) Tops Q4 EPS by 1c, Slight Miss on Revenues

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Go back to Blucora, Inc. (BCOR) Tops Q4 EPS by 1c, Slight Miss on Revenues

Blucora Reports Fourth Quarter and Full Year 2018 Results

February 14, 2019 6:30 AM EST

IRVING, Texas, Feb. 14, 2019 (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, 2018.

2018 Highlights and Recent Developments

Increased total revenue by 10% year-over-yearGrew GAAP Net income by 87%, Adjusted EBITDA by 19%, Non-GAAP net income by 36%Achieved record advisory net flows at HD Vest, approaching $1 billion Recorded 21st consecutive year of revenue growth at TaxAct, growing 16% year-over-yearUtilized strong cash... More