Advisor-technology company Envestnet posted a fourth-quarter loss of $183.2 million, or $3.35 per share, the company said Thursday after the market closed.
Excluding a $191.8 million goodwill impairment charge and other items, Envestnet’s adjusted net income increased 44% year over year to $43 million, or 65 cents per share, ahead of the FactSet analyst consensus of 53 cents a share.
Total…
Read the full article here
