Market Overview

Blucora: Q2 Earnings Insights

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Shares of Blucora (NASDAQ:BCOR) remained unaffected after the company reported Q2 results.

Quarterly Results

Earnings per share decreased 89.16% over the past year to $0.09, which may not compare to the estimate of $0.54.

Revenue of $161,122,000 decreased by 16.84% year over year, which missed the estimate of $186,550,000.

Outlook

The upcoming fiscal year's EPS expected to be between $0.83 and $0.98.

The upcoming fiscal year's revenue expected to be between $733,000,000 and $747,000,000.

Conference Call Details

Date: Aug 05, 2020

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/szvgowgz

Recent Stock Performance

52-week high: $30.49

52-week low: $8.66

Price action over last quarter: down 5.83%

Company Description

Blucora Inc is a provider of technology-enabled financial solutions for consumers, small business owners, and tax professionals. Its products and services in wealth management and tax preparation, through HD Vest, Inc. and TaxAct, Inc, help consumers to manage their financial lives. HD Vest provides wealth management solutions to financial advisors and their clients through an integrated platform of brokerage, investment advisory, and insurance services to assist in making each financial advisor a financial service center for his/her clients. TaxAct provides affordable digital tax preparation solutions for consumers, small business owners, and tax professionals.

 

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Posted-In: Earnings News