Pacific Crest Downgrades Yodlee (YDLE) to Sector Weight

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Yodlee Announces Second Quarter 2015 Financial Results

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

Envestnet to Acquire Yodlee

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