Envestnet (ENV) Tops Q2 EPS by 2c

Envestnet Reports Second Quarter 2017 Financial Results

August 8, 2017 4:05 PM EDT

CHICAGO--(BUSINESS WIRE)-- Envestnet (NYSE: ENV), a leading provider of intelligent systems for wealth management and financial wellness, today reported financial results for its second quarter ended June 30, 2017.

    Three Months Ended         Six Months Ended     Key Financial Metrics June 30, % June 30, %

(in millions except per share data)

      2017         2016       Change       2017         2016       Change

GAAP:

        Total Revenues $ 167.4 $ 141.7 18 % $ 325.2 $ 273.5 19 % Net Loss (6.5 ) (7.9 ) (19 %) (19.6 ) (18.9 ) 4 % Net Loss per Diluted Share $... More