Financial Engines (FNGN) Tops Q2 EPS by 4c; Guides FY16 Revs Above Views
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Financial Engines Reports Second Quarter 2016 Financial Results
August 2, 2016 4:05 PM EDTSUNNYVALE, Calif.--(BUSINESS WIRE)-- Financial Engines (NASDAQ: FNGN), Americas largest independent investment advisori, today reported financial results for its second quarter ended June 30, 2016.
Financial results for the second quarter of 2016 compared to the second quarter of 2015:ii
Revenue increased 36% to $106.2 million for the second quarter of 2016 from $78.2 million for the second quarter of 2015. Professional management revenue increased 38% to $96.1 million for the second quarter of 2016 from $69.7 million for the second quarter of 2015. Net income increased 6% to $9.0 million for the second... More