Needham & Company Raises Price Target on Ellie Mae (ELLI) Following EPS Beat
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Ellie Mae Reports Third Quarter 2015 Results
October 28, 2015 4:08 PM EDTRecord 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