DALLAS — Blucora Inc. (BCOR) on Wednesday reported second-quarter net income of $31.6 million.
On a per-share basis, the Dallas-based company said it had profit of 64 cents. Earnings, adjusted for one-time gains and costs, were $1.28 per share.
The owner of TaxAct tax prep software and the HD Vest financial services firm posted revenue of $254.3 million in the period.
For the current quarter ending in October, Blucora expects its results to range from a loss of 39 cents per share to a loss of 33 cents per share.
The company said it expects revenue in the range of $163.5 million to $168 million for the fiscal third quarter.
Blucora expects full-year earnings in the range of $1.52 to $1.70 per share, with revenue ranging from $855 million to $876 million.
Blucora shares have risen slightly more than 5% since the beginning of the year. The stock has climbed 40% 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