Envestnet reports Q1 EPS 60c, consensus 55c

Reports Q1 revenue $325.0M, consensus $324.9M. “Envestnet continues to be in its leading position because we are executing on what our clients need and we’re deepening our relationships with them,” said Jim Fox, Board Chair and Interim CEO. “Our first quarter results are a testament to our differentiated products, deepening relationships, and inherent operating leverage in our business. We see tremendous runway for continued growth and margin expansion.”