H&R Block reported a 12% increase in second quarter revenue, driven by strength in the Emerald Card and growth from Wave. The company repurchased $159 million of shares and reiterated its fiscal year 2022 outlook. The launch of Spruce, H&R Block's new mobile banking platform, was highlighted as a meaningful milestone.
Second quarter revenue grew 12%, demonstrating continued momentum across the business.
Repurchased an incremental $159 million of shares in the quarter, retiring approximately 4% of shares outstanding.
The Company reiterates its previously given fiscal year 2022 outlook.
The recent launch of SpruceSM, H&R Block's new mobile banking platform, is a meaningful milestone in the Company's strategic transformation.
The Company reiterates its previously given fiscal year 2022 outlook.
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