Ellie Mae Reports First Quarter 2015 Results

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Ellie Mae (ELLI) PT Goes to $75 at Needham & Company After 'Crushing' Estimates

May 1, 2015 7:44 AM EDT

Needham & Company analyst Mayank Tandon reiterated a Buy rating and boosted its price target on Ellie Mae (NYSE: ELLI) to $75.00 (from $60.00) after the company "crushed" estimates in Q1 and lifted its outlook.

Tandon commented, "ELLI kicked off FY15 in spectacular fashion, crushing... More

Ellie Mae (ELLI) Tops Q1 EPS by 13c; Raises Outlook

April 30, 2015 5:47 PM EDT

Ellie Mae (NYSE: ELLI) reported Q1 EPS of $0.33, $0.13 better than the analyst estimate of $0.20. Revenue for the quarter came in at $54.2 million versus the consensus estimate of $46.64 million.

Ellie Mae sees Q2 2015 EPS of $0.28-$0.30, versus the consensus of $0.24. Ellie Mae sees Q2 2015 revenue of $59-60 million,... More