Financial Engines (FNGN) Tops Q3 EPS by 3c

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Financial Engines Reports Third Quarter 2016 Financial Results

November 3, 2016 4:09 PM EDT

SUNNYVALE, Calif.--(BUSINESS WIRE)-- Financial Engines (NASDAQ: FNGN), Americas largest independent investment advisori, today reported financial results for its third quarter ended September 30, 2016.

Financial results for the third quarter of 2016 compared to the third quarter of 2015:ii

Revenue increased 43% to $112.4 million for the third quarter of 2016 from $78.8 million for the third quarter of 2015. Professional management revenue increased 46% to $102.6 million for the third quarter of 2016 from $70.2 million for the third quarter of 2015. Net income decreased 16% to $7.1 million for the... More