Envestnet fourth-quarter loss widens on a YOY basis
Source: IRIS | 24 Mar, 2017, 02.11PM
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Envestnet (ENV) saw its loss widen to $32.57 million, or $0.75 a share for the quarter ended Dec. 31, 2016. In the previous year period, the company reported a loss of $3.91 million, or $0.10 a share. On the other hand, adjusted net income for the quarter stood at $14.16 million, or $0.32 a share compared with $11.32 million or $0.28 a share, a year ago.
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