BLUCORA, INC. (NASDAQ:BCOR) Files An 8-K Results of Operations and Financial Condition

BLUCORA, INC. (NASDAQ:BCOR) Files An 8-K Results of Operations and Financial Condition

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Item 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION

On May 4, 2017, Blucora, Inc. (the Company) announced its
financial results for the quarter ended March 31, 2017. Copies of
the press release and a supplemental investor presentation are
furnished to, but not filed with, the Securities and Exchange
Commission as Exhibits 99.1 and 99.2 hereto.
The press release includes non-GAAP financial measures as that
term is defined in Regulation G. The press release also includes
the most directly comparable financial measures calculated and
presented in accordance with accounting principles generally
accepted in the United States (GAAP), information reconciling the
non-GAAP financial measures to the GAAP financial measures, and a
discussion of the reasons why the Companys management believes
that presentation of the non-GAAP financial measures provides
useful information to investors regarding the Companys financial
condition and results of operations. The non-GAAP financial
information presented therein should be considered in addition
to, not as a substitute for, or superior to, financial measures
calculated and presented in accordance with GAAP.
Item 9.01 FINANCIAL STATEMENTS AND EXHIBITS
99.1
Press release dated
May 4, 2017
99.2
Investor presentation dated
May 4, 2017
Safe Harbor Statement Under the Private Securities and Litigation
Reform Act
This report contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. Actual results may
differ significantly from managements expectations due to various
risks and uncertainties including, but not limited to: risks
associated with the Companys strategic transformation and the
successful execution of its strategic initiatives, operating
plans and marketing strategies; general economic, political,
industry, and market conditions; the Companys ability to attract
and retain productive advisors; the Companys ability to
successfully make technology enhancements and introduce new
products and services; information technology and cybersecurity
risks; the effect of current, pending and future legislation,
regulation and regulatory actions, such as the new Department of
Labor rule and any changes in tax laws; dependence on third
parties to distribute products and services; litigation risks;
the Companys ability to hire, retain and motivate key employees;
the Companys ability to protect its intellectual property; and
financing risks, including risks related to the Companys existing
debt obligations and the closing of its proposed credit facility.
A more detailed description of these and certain other factors
that could affect actual results is included in the Companys
filings with the Securities and Exchange Commission. Readers are
cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date of this report. The
Company undertakes no obligation to update any forward-looking
statements to reflect events or circumstances after the date of
this report.
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About BLUCORA, INC. (NASDAQ:BCOR)

Blucora, Inc. is a provider of technology-enabled financial solutions to consumers, small business owners and tax professionals. The Company operates through two segments: the Wealth Management, which consists of the HD Vest, Inc. (HD Vest) business, and the Tax Preparation, which consists of the TaxAct, Inc. (TaxAct) business. Its Wealth Management segment distributes products and services through financial advisors. HD Vest provides financial advisors with 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. Its Tax Preparation segment provides digital do-it-yourself tax preparation solutions for consumers, small business owners and tax professionals. TaxAct provides digital tax preparation solutions. It also offers a range of tax preparation solutions and online lead generation capabilities to enable the filing of over 60 million federal consumer tax returns.

BLUCORA, INC. (NASDAQ:BCOR) Recent Trading Information

BLUCORA, INC. (NASDAQ:BCOR) closed its last trading session up +0.10 at 18.90 with 706,992 shares trading hands.

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