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Blucora Inc. Q2 adjusted earnings Beat Estimates

Blucora Inc. (BCOR) reported earnings for second quarter that fell from the same period last year.

The company's profit came in at $31.04 million, or $0.62 per share. This compares with $35.24 million, or $0.71 per share, in last year's second quarter.

Excluding items, Blucora Inc. reported adjusted earnings of $41.38 million or $0.83 per share for the period.

Analysts had expected the company to earn $0.77 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 22.7% to $193.74 million from $157.85 million last year.

Blucora Inc. earnings at a glance:

-Earnings (Q2): $41.38 Mln. vs. $47.73 Mln. last year.
-EPS (Q2): $0.83 vs. $0.97 last year.
-Analysts Estimate: $0.77
-Revenue (Q2): $193.74 Mln vs. $157.85 Mln last year.

Full year EPS guidance: 1.84 - 2.04
Full year revenue guidance: $710.0 - $724 Mln

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