Ellie Mae (ELLI) Cuts Q1 Loss; Guides FY11

May 11, 2011 4:18 PM
Ellie Mae, Inc. Common Stock (NYSE: ELLI) reported Q1 loss of $0.09, versus ($0.28) reported last year. Revenue for the quarter came in at $10.6 million, versus $8.9 million reported last year.

Sees FY2011 EPS of $0.21 - $0.26 and revenue of $50-$52 million.

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Earnings Guidance