Financial Engines (FNGN) Tops Q1 EPS by 2c

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Financial Engines Reports First Quarter 2017 Financial Results

May 4, 2017 4:05 PM EDT

SUNNYVALE, Calif.--(BUSINESS WIRE)-- Financial Engines (NASDAQ: FNGN), Americas largest independent investment advisori, today reported financial results for its first quarter ended March 31, 2017.

Financial results for the first quarter of 2017 compared to the first quarter of 2016:ii

Revenue increased 24% to $114.1 million for the first quarter of 2017 from $92.1 million for the first quarter of 2016. Professional management revenue increased 29% to $106.8 million for the first quarter of 2017 from $82.8 million for the first quarter of 2016. Net income increased 266% to $12.2 million for the... More