Financial Engines (FNGN) Tops Q4 EPS by 1c

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Financial Engines Reports Fourth Quarter and Full Year 2017 Financial Results

February 22, 2018 4:05 PM EST

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

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

Revenue increased 11% to $125.7 million for the fourth quarter of 2017 from $113.2 million for the fourth quarter of 2016. Professional management revenue increased 14% to $118.8 million for the fourth quarter of 2017 from $104.4 million for the fourth quarter of 2016. Net income decreased 31% to $6.3 million for... More