Ellie Mae (ELLI) Tops Q2 EPS by 16c; Guides Above the Street

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Ellie Mae Reports Second Quarter 2015 Results

July 30, 2015 4:05 PM EDT

Record Quarterly Revenue of $65.9 Million

Record Quarterly Seat Bookings of 11,800

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 second quarter ended June 30, 2015.

Second Quarter 2015 Highlights

Record revenue of $65.9 million, up 65% from $40.0 million in Q2 2014 Net income of $7.6 million, up 62% from $4.7 million in Q2 2014 Adjusted EBITDA of $22.7... More