Ellie Mae (ELLI) Tops Q1 EPS by 3c

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Ellie Mae Reports First Quarter 2016 Results

April 28, 2016 4:07 PM EDT

Record Revenue Up 36% to $73.6 Million

Raises 2016 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, 2016.

First Quarter 2016 Highlights

Record revenue of $73.6 million, up 36% from $54.2 million in Q1 2015 Adjusted EBITDA of $15.6... More