Ellie Mae (ELLI) Tops Q2 EPS by 9c

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Ellie Mae Reports Second Quarter 2016 Results

July 28, 2016 4:05 PM EDT

Record Revenue Up 37% to $90.1 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 second quarter ended June 30, 2016.

Second Quarter 2016 Highlights

Record revenue of $90.1 million, up 37% from $65.9 million in Q2 2015 Net income of $10.6 million, up 39% from $7.6 million in Q2 2015... More