Envestnet (ENV) Tops Q2 EPS by 1c; Will Acquire Yodlee (YDLE) in $660M Deal
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Envestnet Reports Second Quarter 2015 Financial Results
August 10, 2015 4:20 PM EDTCHICAGO--(BUSINESS WIRE)-- Envestnet (NYSE: ENV), a leading provider of unified wealth management technology and services to financial advisors, today reported financial results for its second quarter ended June 30, 2015.
      Key Financial MetricsThree Months Ended June 30,
%Six Months Ended June 30,
% (in millions except per share data)  2015  2014  Change 2015  2014  Change   Adjusted Revenues(1) $ 102.7 $ 84.8... MoreEnvestnet to Acquire Yodlee
August 10, 2015 4:15 PM EDTCombination accelerates the transformation of financial technology by delivering better relationships and greater lifetime value by connecting financial advisors, individuals and financial services providers
Transaction expected to increase revenue and adjusted EBITDA growth rate
CHICAGO & REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Envestnet, Inc. (NYSE: ENV), a leading provider of unified wealth management technology and services to financial advisors, and Yodlee, Inc. (Nasdaq: YDLE), the leading cloud-based platform driving digital financial innovation, today announced that the Boards of Directors of... More
