Blucora Inc. (BCOR) Misses Q3 EPS by 6c, Revenue Beats

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Go back to Blucora Inc. (BCOR) Misses Q3 EPS by 6c, Revenue Beats

Blucora Reports Third Quarter 2022 Results

November 1, 2022 7:02 AM EDT

DALLAS, Nov. 01, 2022 (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, 2022.

Third Quarter Highlights and Recent Developments

Avantax added newly recruited assets of $214 million during the third quarter for a total of approximately $1.3 billion during the first nine months of 2022. This exceeds full year 2021 newly recruited assets of $929 million.Avantax continued to deliver net positive asset flows with $380 million for the quarter and $810 million... More