H&R Block Q2 revenue up 12% to $159M, loss per share improves; reaffirms FY outlook

H&R BLOCK INC

Revenue $159M (+12% YoY); operating expenses $436M (+4%).
Loss per share from continuing ops improved to -$1.09 from -$1.38; adjusted -$1.02 vs -$1.28.
Repurchased $159M of shares in Q2, $325M YTD (7% of float).
Reiterated FY2022 outlook; launched Spruce mobile banking platform.
Pretax loss narrowed to $299M from $297M, aided by higher revenue and discrete tax benefit.

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