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Ellie Mae (ELLI) Tops Q3 EPS by 13c

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Ellie Mae Reports Third Quarter 2016 Results

October 27, 2016 4:06 PM EDT

Revenue Up 46% to $100.4 Million, Raises 2016 Guidance

Announces CFO Succession Plan

PLEASANTON, Calif.--(BUSINESS WIRE)-- Ellie Mae® (NYSE: ELLI), a leading provider of innovative on-demand software solutions and services for the residential mortgage industry, today reported results for the third quarter ended September 30, 2016.

Third Quarter 2016 Highlights

Revenue of $100.4 million, up 46% from $68.9 million in Q3 2015 Net income of $13.8... More