BCOR - Earnings announcements

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 year to date.Blucora reported total revenue of $171.7 million, a decrease of 1% v

Has Entered Into Definitive Agreement to Sell Tax Software Business for $720 Million in Cash Company to Use Proceeds to Pay Down Debt and Return Excess Capital to Shareholders Company to Streamline Operations and Rebrand as Avantax after the Closing of the TaxAct Transaction Blucora to Host Conference Call Today at 8:30 a.m. ET DALLAS, Nov. 01, 2022 (GLOBE NEWSWIRE) -- Blucora, Inc. ("Blucora" or the "Company") (NASDAQ:BCOR) today announced that it has agreed to sell TaxAct, its tax software business. Under the terms of the transaction, an affiliate of Cinven will purchase TaxAct for $720 million in cash, subject to adjustment. The transaction is expected to close by the end of 2022.

DALLAS, Oct. 26, 2022 (GLOBE NEWSWIRE) -- Blucora, Inc. (NASDAQ:BCOR), a provider of data and technology-driven tax software and wealth management solutions that empowers people to improve their financial wellness, will announce its third quarter 2022 financial results prior to market open on Tuesday, November 1, 2022. A conference call for members of the investment community will be held on Tuesday, November 1, 2022 at 8:30 a.m. ET during which the Company will discuss its third quarter 2022 results, its outlook and other business items. This call will be webcast and can be accessed within the Investor Relations section of the Blucora corporate website at www.blucora.com. About Blucora®

DALLAS, Aug. 08, 2022 (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, 2022. Second Quarter Highlights and Recent Developments Avantax added newly recruited assets of $514 million during the second quarter for a total of over $1.0 billion during the first six months of 2022. This exceeds full year 2021 newly recruited assets of $929 million.Avantax continued to deliver net positive asset flows with $185 million for the quarter.Grew total revenue over 1% year over year to $256.9 million in Q2 2022 compared to $254.3 million during Q2 2021.Ended

DALLAS, July 21, 2022 (GLOBE NEWSWIRE) -- Blucora, Inc. (NASDAQ:BCOR), a provider of data and technology-driven tax software and wealth management solutions that empowers people to improve their financial wellness, will announce its second quarter 2022 financial results following market close on Monday, August 8, 2022. A conference call for members of the investment community will be held on Tuesday, August 9, 2022 at 8:30 a.m. ET during which the Company will discuss its second quarter 2022 results, its outlook and other business items. This call will be webcast and can be accessed within the Investor Relations section of the Blucora corporate website at www.blucora.com. About Blucora®

DALLAS, May 04, 2022 (GLOBE NEWSWIRE) -- Blucora, Inc. (NASDAQ:BCOR), a leading provider of technology-enabled, tax focused financial solutions, today announced financial results for the first quarter ended March 31, 2022. First Quarter Highlights and Recent Developments Grew total revenue over 10% year over year to $307.6 million in Q1 2022.TaxAct gained 19bp of market share during the tax season - delivering on our promise at Investor Day.Avantax delivered net positive flows for the quarter, first time since Q1 2020.Ended the first quarter with total client assets of $86.1 billion, growing percent of advisory assets to 47.5%.Advisory assets at the end of the first quarter were

DALLAS, April 20, 2022 (GLOBE NEWSWIRE) -- Blucora, Inc. (NASDAQ:BCOR), a provider of data and technology-driven tax software and wealth management solutions that empowers people to improve their financial wellness, will announce its first quarter 2022 financial results before market open on Wednesday, May 4, 2022. A conference call for members of the investment community will be held at 8:30 a.m. ET during which the Company will discuss its first quarter 2022 results, its outlook and other business items. This call will be webcast and can be accessed within the Investor Relations section of the Blucora corporate website at www.blucora.com. About Blucora® Blucora, Inc. (NASDAQ:BCOR) is

DALLAS, Feb. 16, 2022 (GLOBE NEWSWIRE) -- Blucora, Inc. (NASDAQ:BCOR), a leading provider of technology-enabled, tax focused financial solutions, today announced financial results for the fourth quarter and full year ended December 31, 2021. Fourth Quarter and Full Year 2021 Highlights and Recent Developments Grew total revenue 17% for full year 2021 to $885.2 million.Ended year with total client assets of $89.1 billion, growing percent of advisory assets over 400bps to 47.3%. Advisory assets at year-end were $42.2 billion.Closed eight transactions, migrating nearly $2.0 billion in assets from the independent model to the employee-based RIA model.Successfully held TaxAct cons

DALLAS, Feb. 02, 2022 (GLOBE NEWSWIRE) -- Blucora, Inc. (NASDAQ:BCOR), a provider of data and technology-driven tax software and wealth management solutions that empowers people to improve their financial wellness, will announce its fourth quarter and full year 2021 financial results before market open on Wednesday, February 16, 2022. A conference call for members of the investment community will be held at 8:30 a.m. ET during which the Company will discuss its fourth quarter and full year 2021 results, its outlook and other business items. This call will be webcast and can be accessed within the Investor Relations section of the Blucora corporate website at www.blucora.com. About Bl

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 Par

DALLAS, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Blucora, Inc. (NASDAQ:BCOR), a provider of data and technology-driven tax software and wealth management solutions that empowers people to improve their financial wellness, will announce its third quarter 2021 financial results prior to market open on Thursday, November 4, 2021. A conference call for members of the investment community will be held at 8:30 a.m. ET during which the Company will discuss its third quarter 2021 financial results, its outlook and other business items. This call will be webcast and may be accessed within the Investor Relations section of the Blucora corporate website at www.blucora.com. About Blucora®Blucora, Inc.

Ancora Holdings, Inc. (together with its affiliates, "Ancora" or "we"), a sizable stockholder of Blucora, Inc. (NASDAQ:BCOR) ("Blucora" or the "Company"), today issued the following open letter to the Company's Board of Directors (the "Board"): Dear Members of the Board, Ancora continues to believe that there is a tremendous amount of value trapped within Blucora's underperforming stock. In particular, we remain convinced that Avantax is a high-quality wealth management business with a strong base of talented financial professionals. This is why we intend to be a long-term stockholder of the Company. We are writing to you today in light of the approximately 6% decline in Blucora's stock

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 Ava

DALLAS, July 21, 2021 (GLOBE NEWSWIRE) -- Blucora, Inc. (NASDAQ:BCOR), a provider of data and technology-driven tax software and wealth management solutions that empowers people to improve their financial wellness, will announce its second quarter 2021 financial results prior to market open on Wednesday, August 4, 2021. A conference call for members of the investment community will be held at 8:30 a.m. ET during which the Company will discuss its second quarter 2021 financial results, its outlook and other business items. This call will be webcast and may be accessed within the Investor Relations section of the Blucora corporate website at www.blucora.com. About Blucora®Blucora, Inc. (NA