Blucora, Inc. (BCOR) Tops Q4 EPS by 12c, Revenues Miss; Offers Q1 Revenue Guidance Below Consensus, Provides Q1 EPS Outlook

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Go back to Blucora, Inc. (BCOR) Tops Q4 EPS by 12c, Revenues Miss; Offers Q1 Revenue Guidance Below Consensus, Provides Q1 EPS Outlook

Blucora Reports Fourth Quarter and Full Year 2019 Results

February 19, 2020 6:30 AM EST

IRVING, Texas, Feb. 19, 2020 (GLOBE NEWSWIRE) -- Blucora, Inc. (NASDAQ: BCOR), a leading provider of tax-smart financial solutions that empower peoples goals, today announced financial results for the fourth quarter and full year ended December 31, 2019.

2019 Highlights and Recent Developments

Increased total revenue by 28% year-over-year (y/y), including addition of 1st Global since May 6Achieved record advisory net flows at Avantax of approximately $1 billionRecorded 22nd consecutive year of revenue growth at TaxAct, growing 12% year-over-yearCompleted $28 million of a $100 million share repurchase program, supported by strong cash flow... More