Blucora Inc. (BCOR) Tops Q2 EPS by 14c

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Blucora Announces Second Quarter 2021 Results

August 4, 2021 6:30 AM EDT

DALLAS, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Blucora, Inc. (NASDAQ: BCOR), a leading provider of technology-enabled, tax focused financial solutions, today announced financial results for the second quarter ended June 30, 2021.

Second Quarter Highlights and Recent Developments

Total revenue increased to $254.3 million, or a 58% increase versus Q2 2020GAAP Net Income of $31.6 million, or $0.64 per diluted shareNon-GAAP Net Income of $63.1 million, or $1.28 per diluted shareTotal client assets ended the quarter up 28% year-over-year to $87.8 billion, with $39.4 billion, or 44.9% in advisory assetsAdvisory assets increased 49% year-over-year, including approximately $5.3 billion in... More