Blucora posted Q4 revenue of $108 million and an EPS of $0.05 today, beating analyst expectations. Wall Street predicted EPS of $0.01 and revenue of $102 million.
The Bellevue-based company, formerly known as InfoSpace, posted a $68 million loss in Q4, far greater than the $1.1 million loss Blucora took one year ago and the $2.2 million loss it took in Q3. The EPS of $0.05 is also down 35 cents from this time last year.
“Our results in the fourth quarter were consistent with our expectations and reflect focused execution and responses at our business units,” Bill Ruckelshaus, Blucora President and CEO, said in a statement. “We have the leadership and operating plans in place to deliver improved performance in 2015. Our medium-term objectives are unchanged: profitable growth, continued diversification, and financial discipline.”
Blucora’s stock is up nearly 2 percent in after-hours trading, but down 41 percent in the past year. The company hit a 52-week low of $12.96 per share last month.
