Blucora Inc. (BCOR) Tops Q3 EPS by 11c

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Blucora Announces Third Quarter 2021 Results

November 4, 2021 6:30 AM EDT

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

Third Quarter Highlights and Recent Developments

Total revenue for the quarter was $174.2 millionGAAP Net Loss of $27.8 million, or $(0.57) per diluted shareNon-GAAP Net Loss of $12.8 million, or $(0.26) per diluted shareTotal client assets ended the quarter up 14% year-over-year to $86.6 billion, with $39.8 billion, or 45.9% in advisory assetsAdvisory assets increased 23% year-over-year, including approximately $5.4 billion in Avantax Planning... More