Yodlee, Inc. operates a technology and applications platform that provides digital financial services in the cloud. The company’s platform, the Yodlee Financial Cloud, delivers a range of financial applications (FinApps) for the retail financial, wealth management, small business, card, and other financial solutions sectors. These FinApps allows consumers and small businesses to simplify and manage their finances, review their financial accounts, track their spending, calculate their net worth, and perform various other activities. The Yodlee Financial Cloud platform also enables its customers to develop their own applications through its open application programming interfaces, which delive...
3600 Bridge Parkway
Redwood City, CA 94065
Founded in 1999
Yodlee, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Second Quarter and Full Year of 2015
May 7 15
Yodlee, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported total revenue of $24,609,000 compared to $19,763,000 a year ago. Operating loss was $2,439,000 compared to $230,000 a year ago. Loss before provision for income taxes was $2,293,000 compared to $211,000 a year ago. Net loss was $2,901,000 or $0.10 per diluted share compared to $588,000 or $0.08 per diluted share a year ago. Net cash provided by operating activities was $2,578,000 compared to $1,164,000 a year ago. Purchases of property and equipment were $859,000 compared to $1,123,000 a year ago. Non-GAAP operating loss was $431,000 compared to income of $121,000 a year ago. Non-GAAP net loss was $893,000 or $0.03 per diluted share compared to $237,000 or $0.01 per diluted share a year ago. Adjusted EBITDA was $687,000 compared to $885,000 a year ago.
For the second quarter 2015, the company expects total revenue to be in the range of $25.6 million to $26.0 million. Non-GAAP operating income is expected to be in the range of $0.1 million to $0.5 million. Non-GAAP net loss is expected to be in the range of $0.5 million to $0.1 million, or $0.02 to $0.00 per share.
For the full year, the company expects total revenue to be in the range of $109.5 million to $110.5 million. Non-GAAP operating income is expected to be in the range of $4.7 million to $5.1 million. Non-GAAP net income is expected to be in the range of $2.2 million to $2.6 million, or $0.07 to $0.08 per share.
Yodle Expands its Office Space in New York City
Apr 21 15
Yodle announced that it has relocated to its new headquarters in New York at 330 West 34th Street in Manhattan. Yodle will be able to more than double its office space to 114,000 square feet following the company leaving its previous location in the Flatiron District. Yodle currently has a headcount of approximately 300 people in New York and plans to hire an additional 250 employees locally over the next three years in technology, product and sales roles among others.
Yodlee, Inc. to Report Q1, 2015 Results on May 07, 2015
Apr 17 15
Yodlee, Inc. announced that they will report Q1, 2015 results at 9:05 PM, GMT Standard Time on May 07, 2015