Pacific Crest Downgrades Yodlee (YDLE) to Sector Weight
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August 10, 2015 4:23 PM EDT
Total revenue of $26.0 million grew 22% year-over-year
Subscription revenue of $22.6 million grew 24% year-over-year
Adjusted EBITDA of $1.5 million for the second quarter
REDWOOD CITY, Calif., Aug. 10, 2015 (GLOBE NEWSWIRE) -- Yodlee, Inc. (Nasdaq: YDLE), a leading cloud-based financial platform powering dynamic innovation in digital financial services, today announced its second quarter 2015 results for the period ended June 30, 2015.
Please refer to today's announcement that the Boards of Directors of Envestnet and Yodlee have unanimously approved a definitive agreement under which Envestnet will acquire all of the shares of Yodlee in a cash... More
August 10, 2015 4:15 PM EDT
Combination 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
