Ellie Mae (ELLI) Tops Q4 EPS by 8c

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Ellie Mae Reports Fourth Quarter and Full Year 2017 Results

February 8, 2018 4:05 PM EST

PLEASANTON, Calif.--(BUSINESS WIRE)-- Ellie Mae® (NYSE: ELLI), the leading cloud-based platform provider for the mortgage finance industry, today reported results for the fourth quarter and full year ended December 31, 2017.

Fourth Quarter 2017 Highlights

Revenues of $112.9 million, up 17% from $96.2 million in 2016 Net income of $9.9 million1, down from $10.9 million in 2016 Adjusted EBITDA of $28.5 million, down from $29.4 million in 2016 11,000 Encompass seats booked

Full Year 2017 Highlights

Revenues of $417.0 million, up 16% from $360.3 million in 2016... More