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

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

Ellie Mae Reports First Quarter 2015 Results

April 30, 2015 4:06 PM EDT

First Quarter Revenue Up 68% to $54.2 Million

Raises 2015 Revenue Guidance

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 first quarter ended March 31, 2015.

First Quarter 2015 Highlights

Record revenue of $54.2 million, up 68% from $32.2 million in Q1 2014 Net income of $3.6 million, up from $0.8 million in Q1 of 2014 Adjusted EBITDA of $14.6 million, up 141% from $6.0 million in Q1 2014... More