Envestnet (ENV) Tops Q3 EPS by 2c, Offers Q4 Guidance

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Envestnet Reports Third Quarter 2016 Financial Results

November 7, 2016 4:05 PM EST

CHICAGO--(BUSINESS WIRE)-- Envestnet (NYSE: ENV), a leading provider of unified wealth management technology and services to enterprises and financial advisors, today reported financial results for its third quarter ended September 30, 2016.

    Three Months Ended           Nine Months Ended       Key Financial Metrics September 30, % September 30, % (in millions except per share data)       2016       2015       Change       2016       2015       Change GAAP:         Total Revenues $ 149.2 $ 103.4 44 % $ 422.7 $ 302.5 40 % Net Income (Loss) (4.1 ) 3.3 n/m (23.0 ) 8.3 n/m Net Income (Loss) per Diluted Share $ (0.09 ) $... More