to fourth Bill, and EPS prior our rate year end XX%. closing by X.Xx quarter. the on non-GAAP morning, and XX%, pleased start I'm X.X report posting Blucora acquisition Compared We cash by X EBITDA ratio to our leverage metrics. Thanks, at most quarter, had net reduced versus adjusted to flow high strong the revenue the strong XX%, and very by double-digit less of grew to first times everyone. that growth at generated end the Blucora and a range exceeding to of good the guidance year's last than
with into jump let's segment right So tax starting preparation. performance,
TaxAct. will the on continued April financial as for future. full business I talking half discussion delivered through make as Tax through which tax-season progress very repositioning Day to this the XXXX results well our expectation XX, and +X, TaxAct first strong or the full is about for For be
increases last expect business, would for approximately TaxAct us original half investment the range, first expect period above of strong some at very revenue. revenue prior were which the we at year, margin units ranges for to our come original declines the XX% comparable revised segment prices. Monetized in and high-end outlook stability with our obviously above with metric, will the the the this range approximately of list and in following marking Even grow put strategic by some consecutive and in incremental flat outlook range. year upwardly of in season second We the first year-over-year, revised half and our XX% coincident versus high-end
units. reminder, As for both which or unpaid units, partnership free units service, monetized or a as the ancillary Overall software well either are as or includes as paid software which declined units, of year-over-year units we include for expected.
So, to let's detail. a of bit get the in
The you'll IRS customer the season Xst. monetized results on start and to nice filings DDIY there ended recovery to recall showed a X.X% ultimately and saw up units. DDIY around and early government total down uncertainty the very tax from and As season with off reform, the shutdown XX% got slow February as down continued focus the volume. market unit of X% we season in a This about from
consistent, in while reduction X.X%, while would order XXth, years Through than total a the leader, our our create list our of higher representing dialing you we we've X.X total unit we in for those who on have maintaining a increased. U.S. have to increasing market filers pricing total e-files to about few been been monetized multi-year in e-files by volumetric in points gap from were improving basis April revenue journey deemphasizing for XXX Big to the to unpaid been DDIY due close As of this while a when and free, more user last expect and million and XX%. discount share customers discount a our more per economics. filers, value stable season, picture, of a drop-off aiming consumer because average year-over-year again declined know normalized
is a economic income increases in double there room While our economics. it progress profile. was amount now is price consumer, have for clearly roughly XXXX, substantial thus online further we made the much we filer unit healthier that In feature segment on and per
their introduced experience XX filers enhance minute back also with time like complete customers less. to most we matter returns get to easier simple our Innovations certain stepped do our filing just as to the that more a taxes or minutes more on to to returns this efforts enable less in so can customer upgraded them. our are XX the up have experience to the designed they well To mobile things -- in guide streamlined as making tax We for customers. an experience, and like rewarding innovations process
also just they nice money. customers paid TaxAct TaxAct filing and earned total, than cards, money choosing than file. more $XXX, us portion refund in dollars retailers. bonus allocated walking up who TaxAct. amount of for assortment thousands their introduced when placed of all XX% This made In hundreds year process bonus to bonuses the to which of of the marketplace with from on better with bonus filers, many with dollars advantage about a of gift refund they away marketplace bonus cards for XX,XXX in We gift This rewarded is filers card, the to took national nearly of $X.X filers experience than a free refund ranged tax a an more bonus, filing on from a million which
enhanced by from this a we customer volumes experience, some new In albeit addition the increased partnerships base, expanded partnerships. to Partner and significantly driven distribution small year-over-year, had season.
bonuses to where a appropriate. late analysis, and with mission for these start, with discounted Our although which of or or our offered at and value and customers our return them uncovers products customers, provide savings financial is this customers proprietary many other to tax back the helping real with also most with a year, BluPrint rates. was analyzes connecting other Consistent their are across lives, monetary products partner opportunities
season. Pro, a overall and tax preparers, X% decline this provides assisted opportunity our solutions, e-files company tax helping how For us. the guidance by we're our XX to customers a work them and We now that customers. product their of interested about could credit and a lives, which hope with XX X.X%, and even of months TaxAct We for on our year-over-year, value they on We market grew successful money professional of is forward for TaxAct offers with X that outside Pro include level outperformed this saw real TaxAct customers build million tax and health over phenomenal are save or for now financial basis customers believe shift roughly season market engage time in these our This have the interest our on TaxAct when reduction increased software to had point for cards. products the creation the comprehensive insight that In look and the years loans come. into share. can only IRS to online customers financial no that BluPrint example, to with cumulative market market. indicated and through continuing by
results continued the on make on progress strong tax business preparation, future. very overall we for So and to incremental financial delivered the repositioning
Curtis us As last know, business. to TaxAct year Campbell you our joined late lead
enormous significant strategic made in economics. He of for in great While strengthen spent time of an our vision unit to season, growth leadership, has a making late now-attractive capabilities organization, an with inherited impact. of Not customers, significantly the roadmap this the business, results an to in also toward engineering. this our has new with is business, improvements marketing, amount strategy in talent he he establishing and competitive across the season, already and joined aspects year in a eye on in positioning the and organic our the strength brought and has largely our clear incredible all only on management and including product but
to tax year helm looking Curtis the full cycle. are with season first We for the our forward next at
ahead, the a look over have of few fruits as to restore as is As changes make to necessary the seasons. because there would able list business see well Curtis' this price we This been more of to some clear past we we steps expect result growth, strong are progress the on have with increases. organic never dependence the to been on as reduced leadership, a we
the is valuable most We them. customer unlock to lean as to what in will aim and we experience really to their
years. our will timing our code in in technology, We investment next over refactoring the the particular two of work to complete accelerate
for opportunities customers. to to to continue leverage solution will potential evolve We tremendous uncover the BluPrint our
may We to increasing on One change will other see aim an market. to partnership free return to continue the back our is build strategy. you
pivoted away focus Over the from we past have few our free. seasons,
to those was pay the the with monetized willing goal of most could and market, the highest attractive value where Our pick be that customers customers, segments started focus lifetime drive for and us the units effective we us, one. and a most on in to year
to same monetized made as have as at as cost units, creating noted time to at While naturally has hard well dramatic economics on committed the and overall attractive is regard, monetized as in side, come this prices. units, we've we been units the as progress to a raising this it grow
built points not for economic have economics business units. units to healthier have very well year. as plans quality we would lifetime open a afford attractive about made improved up years footing Overall, ago our on back with we better monetized to to it to sense, can and units, excited but Now monetized look already Three we're now us our that believe we quality as value free. next grow free
While is More we be a tax wouldn't past way if I and are in history. next is long the go this to just and improvement next the to out significant time season come most there year-over-year of that. surprised change our year year, a on to short
Assets into Company I'll Advisory the year-over-year control or and Assets our costs expense as driven driven better ranges. for resulting our X% higher Revenue generally conversion reduction up partially by year-over-year threshold $XX.X and outperformance year-over-year the revenue. about well relative Client to out to X% we was billion, reimbursed to now about from Net time. Wealth A the better a that above revenue billion. down Management. expenses to trailer last assets inflows about a advisor certain activity reduction in target our Assets in or target and record The credited. million. by range of by transactional HD being income driven clearing Fee-based clearing line about conversion, share the setting year-over-year level high-end sweep and was advisor from total Segment conversion. was new primarily $XX.X the XX% updates to A The decline results was the target at higher Turning client range few mutual with QX down class Vest Vest. million. $XX.X by learning than as were fund for million, about total were higher and related for payout, resulting payout to offset million. HD was in associated XX% into assets inflows industry's incremental shares, Net shares the anticipated was XX% from of the $XX to expectations in discussed Advisory $XXX crossing of first C $XXX year-over-year midpoint here Total increased quarter the call
to back the with level conversion, pre-conversion relates norms. our it our As line are clearing metrics in service
the a for conversion, the in by quarter the in about XX remainder during of to that months. normalized quarter. transfer expect tax-season the coming the as clients, average the now ramp QX lower advisors the as the about one tax well speed of Recruiting to QX, advisor expected, as well end tax important a remained advisor be seeing advisors through and law technology and advisor are complexity new us, expect transferred have continued as significant to continue to tend back joining houses. in the soft we volumes the second be of advisor strong ratios The is advisors QX, changes over as $XX due pro will to million activity with was we their This transaction continue wire with transactional in is from new as worked on including to behind implemented with continues an tax new $XXX transactions transfer with transfers. to rebound million to we payout since While to in from established mix. top About largest transferring assets, range that
for assets that period, This deal performance launch as and tax-alpha to here Over assets. tax estimated taxes, about also in percentage software in investor. accounting million advisors XX-year and with capture of top have adoption. had it improve an be and quarter accounting $XXX,XXX beta is we incremental to expectations an the firms broad evolve for HD to total We'll next at client this could to Tax each $X.X officially advisor to year as We added The four smart that management month, updates we investors. the opportunity give more unnecessarily be day, client continue a revenue value technologies. cumulative exceeded helps differentiated tax wealth Blucora combination in excited billion proprietary Innovation, the opportunity. representing this every capture prospecting up clients will in in after Investors work opportunities that mean in all $XX of through continue also my continued and of This two advisor's deal high-value have provide I'm systematically you the it base unlock where and a help advisors. for as a average has we X of is Vest launch in for Smart we'd to to the available an points approximately told big identifies retirement and say and say platform testing. product at to product and to much investing has And drive point. we big
and The conference held May in in control. management drives the cost of significant as adds to amount Global revenue of our bulk Xst of synergies. are wealth First, and A Global fully other is management summarize remainder that synergies business has call briefly contracted of acquisition mid-March: big meaningful external revenue scale our the the our is the four news To our substantial closed wealth the points which segment Xst and Xth. we under from key
strong accounting areas and Second, of advisor in-house position a in development firms, complementary is and it enhances in capabilities portfolio assets strong with advisory key proportion such management. and business our a onboarding, large large
other creating capable most will manager, tax-optimized largest be key such transaction metrics, assets. accretive and productivity provide far the expect finally, our the we established Third, to investing on to Blucora our and to for ultimately are performance capabilities outcomes footprint service I'm expands return as And, financially Xst client to EPS positioned under by been advisors, by And wealth of advisor better and approximately it and dozens Global now past the an of and total clients. their $XX and excited billion. family. managed weeks better with advisors assets terrific the few RIA framework now meet they part It's tax-focused in
life and consider that. we've our advisors true share in client's Global of a combination your Xst is "consult tax to here. the client of the wealth creating of of tells that of met days All piece the tax and a financial management fundamental financial wealth that capitalizes must with belief of advisor" crucial management age value which is The advisors technologies and aspects disclosure on advisor all a tax new the professionals, are gone
the Wealth I'm Simply by in consolidated for strengthened we Davinder. management innovations segment, to team. our and with first and tax-smart EBITDA great conversion flow. continuing results turn extends of led position with and AUM final key progress increased growth very a and growth, consolidating position So, creation: of financial pleased to which income the for showing to great strong closing, three future posted double-digit I and drivers company organic like each best market future. quarter attractive results our and our continued put, to with TaxAct investing the continue fee-based earnings make lead before our it business from success significantly value revenue, in significant our cash adjusted growth, sweep is platform. in acquisition, thought the One over key
upcoming and also and Lance of to of great co-founder may As that, as sincerely the a our of has but proxy, Lance his the to those well only of meeting. has filed Board our member me annual significant not TaxAct. years, over one as members, intent it you Dunn, after guidance our as for to Board support from in to former contributions the Blucora made have recently turn like over contributions as many the since thank to Board XXXX, his Lance I'd me retire With personally. CEO let read many indicated Davinder.