Blucora Inc. (BCOR) Tops Q1 EPS by 8c, Guidance Tops Views

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Blucora Announces First Quarter 2021 Results

May 5, 2021 6:30 AM EDT

DALLAS, May 05, 2021 (GLOBE NEWSWIRE) -- Blucora, Inc. (NASDAQ: BCOR), a leading provider of technology-enabled, tax focused financial solutions, today announced financial results for the first quarter ended March 31, 2021.

First Quarter Highlights and Recent Developments

Increased total revenue for the quarter to $278.4 million, or 6% year-over-yearGAAP Net Income of $27.6 million, or $0.56 per diluted shareNon-GAAP Net Income of $51.0 million, or $1.04 per diluted shareTotal client assets ended the quarter up 39% year over year to $84.8 billion, with $36.8 billion, or 43.4% in advisory assetsAdvisory assets increased 56% year-over-year,... More