Blucora, Inc. (BCOR) Misses Q1 EPS by 69c
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Blucora Announces First Quarter 2020 Results
May 6, 2020 6:31 AM EDTIRVING, Texas, May 06, 2020 (GLOBE NEWSWIRE) -- Blucora, Inc. (NASDAQ: BCOR), a leading provider of tax-smart financial solutions that empower people to achieve their goals, today announced financial results for the first quarter ended March 31, 2020.
First Quarter Highlights and Recent Developments
Increased total revenue by 17% year-over-year (y/y), including addition of 1st GlobalStrong cash position through healthy cash flows and access to credit, ending the quarter with $168.2 million in cash and cash equivalentsAchieved $390 million of net flows in to Advisory Assets and $124 million into Total... More