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Envestnet reports Q3 adjusted EPS 56c, consensus 54c

Reports Q3 revenue $316.8M, consensus $317.66M. “Envestnet delivers the modern, connected technology platform to lead the industry, making us more embedded and essential to the growth of our clients,” said Bill Crager, Chief Executive Officer. “Our investment cycle is complete. We are now a structurally higher margin company than we were before, have significantly extended our competitive position and our long-term growth thesis is intact.”

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