05:02 AM EDT, 05/08/2024 (MT Newswires) -- Envestnet ( ENV ) reported Q1 adjusted earnings late Tuesday of $0.60 per diluted share, up from $0.46 a year earlier.

Analysts polled by Capital IQ expected $0.55.

Revenue for the quarter ended March 31 was $325 million, compared with $298.7 million a year earlier.

Analysts surveyed by Capital IQ expected $324.8 million.

The company said it expects Q2 adjusted earnings of $0.60 to $0.65 per diluted share. Analysts polled by Capital IQ expect $0.63.

The company expects revenue for the quarter of $337 million to $345 million. Analysts surveyed by Capital IQ expect $342.9 million.