PALO ALTO, Calif. (AP) — PALO ALTO, Calif. (AP) — Wealthfront Corp. (WLTH) on Thursday reported net income of $12.8 million in its fiscal first quarter.
On a per-share basis, the Palo Alto, California-based company said it had profit of 7 cents.
The investment manager largely for high net worth individuals and corporations posted revenue of $90.5 million in the period.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WLTH at https://www.zacks.com/ap/WLTH