Key Developments: Blucora Inc (BCOR.OQ)
21.42USD
1 Aug 2013
$1.42 (+7.10%)
$20.00
$20.69
$22.00
$20.69
301,984
142,845
$22.00
$14.05
Latest Key Developments (Source: Significant Developments)
Blucora Inc Issues Q3 2013 Guidance In Line With Analysts' Estimates
Blucora Inc announced for the third quarter of 2013, that it expects revenues to be between $93.5 million-$97.5 million, Adjusted EBITDA to be between $10.0 million-$11.5 million, Non-GAAP Net Income to be between $6.0 million-$7.4 million, or $0.14-$0.17 per diluted share, and Net Loss to be between $1.8 million-$0.8 million, or $(0.04) to $(0.02) per share. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $93.9 million, EBITDA of $11.39 million net income of $(0.95) million and EPS of $(0.02) for the third quarter of 2013. Full Article
Blucora Inc Issues Q2 2013 Guidance
Blucora Inc announced that for the second quarter of 2013, the Company expects revenues to be between $113.0 million and $117.5 million, adjusted EBITDA to be between $27.0 million and $28.5 million, Non-GAAP Net Income to be between $22.0 million and $23.5 million, or $0.51 to $0.55 per diluted share, and net Income to be between $9.0 and $10.0 million, or $0.21 to $0.23 per diluted share. Full Article
Blucora Inc Announces Closing of 4.25% Convertible Senior Notes Offering
Blucora Inc announced the closing of its previously announced private offering of 4.25% Convertible Senior Notes due 2019 (the Convertible Notes). Blucora issued $201.25 million aggregate principal amount of Convertible Notes (which includes $26.25 million aggregate principal amount of notes issued pursuant to the initial purchasers` exercise in full of their over-allotment option). The offering and sale of the Convertible Notes was made through a private placement under the Securities Act of 1933, as amended (the Securities Act). The net proceeds from this offering were approximately $194.2 million, after deducting discounts to the initial purchasers and estimated offering expenses payable by Blucora. Blucora intends to use the net proceeds of the offering for working capital and general corporate purposes, including acquisitions. The Convertible Notes are general unsecured senior obligations of Blucora. The Convertible Notes will bear interest at a fixed rate of 4.25% per year, payable semi-annually in arrears on April 1 and October 1 of each year, beginning on October 1, 2013. The Convertible Notes will mature on April 1, 2019, unless earlier purchased, redeemed, or converted in accordance with their terms. Full Article
Blucora Inc Prices Offering of $175,000,000 of 4.25% Convertible Senior Notes
Blucora Inc announced the pricing of its offering of $175 million aggregate principal amount of Convertible Senior Notes due 2019 (the Convertible Notes) in a private placement under the Securities Act of 1933, as amended (the Securities Act). The Company has also granted the initial purchasers a 30-day option to purchase up to an additional $26.25 million principal amount of Convertible Notes, solely to cover over-allotments. The sale of the Convertible Notes is expected to close on March 15, 2013, subject to customary closing conditions. Blucora expects that the net proceeds from this offering will be approximately $168.8 million, after deducting discounts to the initial purchasers and estimated offering expenses payable by Blucora. Blucora intends to use the net proceeds of the offering for working capital and general corporate purposes, including acquisitions. The Convertible Notes will be general unsecured senior obligations of Blucora. The Convertible Notes will bear interest at a fixed rate of 4.25% per year, payable semi-annually in arrears on April 1 and October 1 of each year, beginning on October 1, 2013. The Convertible Notes will mature on April 1, 2019, unless earlier purchased, redeemed, or converted. Full Article
Blucora Inc Announces Proposed Offering Of $150,000,000 Of Convertible Senior Notes
Blucora Inc announced that it intends to offer, $150,000,000 aggregate principal amount of Convertible Senior Notes due 2019 (the Convertible Notes) in a private placement under the Securities Act of 1933, as amended (the Securities Act). Blucora also intends to grant the initial purchasers of the Convertible Notes a 30-day option to purchase all or any part of an additional $22,500,000 aggregate principal amount of Convertible Notes solely to cover over-allotments. Blucora intends to use the net proceeds of the offering for working capital and general corporate purposes, including acquisitions. The Convertible Notes will be general unsecured senior obligations of Blucora, and will be convertible under certain circumstances, and during certain periods. Full Article
Blucora Inc Issues Q1 2013 Revenue And EBITDA Guidance In Line With Analysts' Estimates; Net Income And EPS Guidance Above Analysts' Estimates
Blucora Inc announced that for the first quarter of 2013, the Company expects revenues to be between $156.0 million and $161.0 million, adjusted EBITDA to be between $43.0 million and $45.0 million, Non-GAAP Net Income to be between $39.5 million and $41.5 million, or $0.93 to $0.97 per diluted share, and Net Income to be between $20.5 and $22.0 million, or $0.48 to $0.52 per diluted share. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $158 million, EBITDA of $45.0 million, net income of $17.3 million and EPS of $0.36 for the first quarter of 2013. Full Article
Blucora Inc Issues Q4 2012 Guidance
Blucora Inc announced that for fourth quarter of 2012, it expects revenues to be between $92.0 million and $95.0 million, Adjusted EBITDA to be between $10.0 million and $11.0 million, Non-GAAP Net Income to be between $7.7 million and $8.9 million, or $0.18 to 0.21 per diluted share, and Net Income to be between breakeven and $1.0 million, or $0.00 to $0.02 per diluted share. Full Article
Blucora, Inc. Issues Q3 2012 Guidance Above Analysts' Estimates
Blucora, Inc. announced that for the third quarter of 2012, it expects revenues to be between $90.0 million and $93.0 million, adjusted EBITDA to be between $10.5 million and $11.5 million, Non-GAAP Net Income to be between $8.1 million and $9.4 million, or $0.19 to 0.23 per diluted share, and Net Income to be between $0.5 million and $1.5 million, or $0.01 to $0.04 per diluted share. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $78 million, EBITDA of $8.4 million, net income of $(0.97) million and EPS of $(0.02) for the third quarter of 2012. Full Article
InfoSpace Changes Corporate Name To Blucora, Inc.
InfoSpace announced that it has changed its corporate name to Blucora, Inc. The name change was approved at the Company’s annual shareholders meeting last month and is effective immediately. To reflect the change, the Company has also chosen to modify its NASDAQ ticker symbol. Blucora will trade on the NASDAQ under the symbol BCOR immediately upon the opening of market trading on June 7, 2012. Full Article
InfoSpace Issues Q2 2012 Guidance Above Analysts' Estimates
InfoSpace announced that for second quarter of 2012, it expects revenues to be between $92.5 million and $96.5 million, adjusted EBITDA to be between $20.0 million and $21.5 million, Non-GAAP net income to be between $16.9 million and $18.3 million, or $0.40 to 0.44 per diluted share, and net Income to be between $5.5 million and $6.5 million, or $0.13 to $0.16 per diluted share (EPS). According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $89 million, EBITDA of $18 million, net income of $2.57 million and EPS of $0.06 for fiscal 2012. Full Article

Earnings vs.
Estimates