Financial Engines (FNGN) Misses Q2 EPS by 1c

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Financial Engines Reports Second Quarter 2017 Financial Results

August 8, 2017 4:05 PM EDT

SUNNYVALE, Calif.--(BUSINESS WIRE)-- Financial Engines (NASDAQ: FNGN), Americas largest independent investment advisori, today reported financial results for its second quarter ended June 30, 2017.

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

Revenue increased 12% to $118.5 million for the second quarter of 2017 from $106.2 million for the second quarter of 2016. Professional management revenue increased 15% to $110.6 million for the second quarter of 2017 from $96.1 million for the second quarter of 2016. Net income increased 42% to $12.8 million for the... More