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Blucora Inc (BCOR.OQ)

BCOR.OQ on NASDAQ Stock Exchange Global Select Market

10.21USD
29 Jul 2016
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$-0.18 (-1.73%)
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Latest Key Developments (Source: Significant Developments)

Blucora announces second quarter 2016 results
Thursday, 28 Jul 2016 06:30am EDT 

Blucora Inc : Blucora announces second quarter 2016 results . Sees Q3 2016 revenue between $77 million to $81 million .Company sees FY 2016 revenue between $440.5 million to $451.5 million.  Full Article

Blucora enters into definitive agreement to sell Infospace
Tuesday, 5 Jul 2016 08:00am EDT 

Blucora Inc : Intends to use net proceeds from sale to pay down debt . Blucora enters into definitive agreement to sell Infospace .Blucora Inc says deal valued at $45 million.  Full Article

Blucora says extended term of contract between Infospace and Yahoo
Tuesday, 31 May 2016 04:48pm EDT 

Blucora Inc - :Says extended term of contract effective as of January 1, 2011 between Infospace and Yahoo until July 31, 2016.  Full Article

Blucora Inc announces board change
Tuesday, 15 Mar 2016 08:30am EDT 

Blucora Inc:Says John S. Clendening has been appointed as President and Chief Executive Officer, and member of the Board of Directors, effective April 4, 2016.  Full Article

Blucora Inc to acquire broker-dealer HD Vest for about $580 mln
Wednesday, 14 Oct 2015 07:19am EDT 

Blucora Inc:To acquire broker-dealer HD Vest for about $580 mln.Transaction will be financed with cash on hand and $425 million from a new debt facility.Says transaction will be financed with cash on hand and $425 million from a new debt facility.Will initiate separate processes to explore the divesture of infospace and monoprice, with the goal of completion in the first half of 2016.Says corporate operating expenses will be reduced by 30% to $12 million run rate by the first half of 2017.Says capital allocation priorities will shift to pay down debt initially.Says transaction expected to be immediately accretive to Blucora earnings per share.Says acquisition has the ancillary benefit of maximizing the value of blucora's federal net operating loss carryforwards.Says bill ruckelshaus will resign his position as president and CEO when a permanent successor has been identified.Says anticipates being able to fully utilize its $570 million in federal net operating loss carryforwards before their expiration.Says at the time of his transition, ruckelshaus will assume the role of vice chairman of the board of Blucora.Bill ruckelshaus will assume the role of vice chairman of the board of Blucora.Says Blucora has received financing commitments from bmo financial group for $425 million.  Full Article

Blucora Inc gives Q3 2015 outlook below analysts' estimates
Thursday, 30 Jul 2015 04:05pm EDT 

Blucora Inc:Expects Q3 2015 revenues to be between $82.5 million and $90.3 million.Expects Q3 2015 Adjusted EBITDA to be between $(1.0) million and $1.6 million.Expects Q3 2015 Non-GAAP net loss to be between $5.7 million and $2.6 million, or $(0.14) to $(0.06) per diluted share.Expects Q3 2015 GAAP net loss to be between $11.2 million and $9.4 million, or $(0.27) to $(0.23) per share.Q3 2015 revenue of $92.7 million, EBITDA of $0.91 million, net income of $(1.93)million and EPS of $(0.03) - Thomson Reuters I/B/E/S.  Full Article

Blucora Inc gives Q2 2015 guidance in line with analysts' estimates
Thursday, 30 Apr 2015 04:17pm EDT 

Blucora Inc:Expects Q2 2015 revenues to be between $114.0 million and $123.5 million.Expects Q2 2015 adjusted EBITDA to be between $20.8 million and $24.8 million.Expects Q2 2015 Non-GAAP net income to be between $16.1 million and $20.0 million, or $0.38 to $0.48 per diluted share.Expects Q2 2015 GAAP net income to be between $2.5 million and $5.4 million, or $0.06 to $0.13 per share.Q2 2015 revenue of $117.4 million, EBITDA of $22.9 million, net income of $17.3 million and EPS of $0.43 - Thomson Reuters I/B/E/S.  Full Article

Blucora Inc gives Q1 2015 guidance; revenue guidance above analysts' estimates
Thursday, 12 Feb 2015 04:05pm EST 

Blucora Inc:Expects Q1 2015 revenues to be between $168.0 million and $179.0 million.Expects Q1 2015 adjusted EBITDA to be between $45.0 million and $49.0 million.Expects Q1 2015 non-GAAP net income to be between $35.9 million and $39.6 million, or $0.85 to $0.94 per diluted share.Expects Q1 2015 GAAP net income to be between $18.2 million and $20.9 million, or $0.43 to $0.50 per share.Q1 2015 revenue of $165.7 million, EBITDA of $45.2 million, net income of $37.1 million and EPS of $0.94 - Thomson Reuters I/B/E/S.  Full Article

Blucora Inc gives Q4 2014 guidance below analysts' estimates
Wednesday, 5 Nov 2014 04:24pm EST 

Blucora Inc:Expects Q4 2014 revenues to be between $97.5 and $108.5 mln.Expects Q4 2014 adjusted EBITDA to be between $2.4 and $6.4 mln.Expects Q4 2014 Non-GAAP Net Income (loss) to be between ($1.5) and $2.5 mln, or ($0.04) to $0.06 per diluted share.Expects Q4 2014 GAAP Net Loss to be between $9.1 and $6.4 mln, or ($0.22) to ($0.16) per share.Q4 2014 revenue of $123 mln, EBITDA of $8.73 mln, net income of $5.41 mln, EPS of $0.12 - Thomson Reuters I/B/E/S.  Full Article

BRIEF-Blucora announces second quarter 2016 results

* Company sees FY 2016 revenue between $440.5 million to $451.5 million Source text for Eikon: Further company coverage: