Ellie Mae Reports First Quarter 2018 Results

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Ellie Mae (ELLI) Tops Q1 EPS by 25c; Issues Mixed Outlook

April 26, 2018 4:20 PM EDT

Ellie Mae (NYSE: ELLI) reported Q1 EPS of $0.34, $0.25 better than the analyst estimate of $0.09. Revenue for the quarter came in at $117.9 million versus the consensus estimate of $108.52 million.

Ellie Mae is off to a strong start with first quarter financial results exceeding expectations and the number of closed loans on our platform increasing 7%... More