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Late Tax Season Hikes Blucora Results

Monday, 05 August 2013

Tax

The delay in the tax season contributed to a 19-percent rise in revenue for the tax preparation business of Blucora, which owns the TaxAct line, for the second quarter ended June 30. The segment's operating profit rose to $14.4 million, a 20.8-percent increase from just under $12 million a year ago.

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