Roth Capital Reiterates Buy on Ellie Mae (ELLI) Following 3Q Results

Go back to Roth Capital Reiterates Buy on Ellie Mae (ELLI) Following 3Q Results

Ellie Mae Reports Third Quarter 2015 Results

October 28, 2015 4:08 PM EDT

Record Quarterly Seat Bookings of 11,900

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 third quarter ended September 30, 2015.

Third Quarter 2015 Highlights

Record revenue of $68.9 million, up 61% from $42.8 million in Q3 2014 Net income of $6.2 million, up 24% from $5.0 million in Q3 2014 Adjusted EBITDA of $20.3 million, up 45% from $14.0 million in Q3 2014... More