AP NEWS
Click to copy
Click to copy

Blucora: 2Q Earnings Snapshot

August 7, 2019

IRVING, Texas (AP) _ Blucora Inc. (BCOR) on Wednesday reported second-quarter profit of $31 million.

On a per-share basis, the Irving, Texas-based company said it had profit of 62 cents. Earnings, adjusted for one-time gains and costs, were 83 cents per share.

The owner of TaxAct tax prep software and the HD Vest financial services firm posted revenue of $193.7 million in the period.

Blucora expects full-year earnings in the range of $1.84 to $2.04 per share, with revenue in the range of $710 million to $724 million.

Blucora shares have climbed slightly more than 1% since the beginning of the year. The stock has decreased 22% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BCOR at https://www.zacks.com/ap/BCOR

All contents © copyright 2019 The Associated Press. All rights reserved.