Ellie Mae had record revenue up 65% to $65.9 million, and net income of $7.6 million was up by 62%. Ellie Mae has a 52-week range of $28.59 to $76.27 and a consensus price target of $73.00. Expedia.
Record Quarterly Revenue of $65.9 Million Record Quarterly Seat Bookings of 11,800 Raises 2015 revenue guidance July 30, 2015 – Pleasanton, CA – 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, 2015.
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What’s happening: Shares of Ellie Mae. The company exceeded the high expectations that investors had, with revenue gains of 65% helping to lift adjusted earnings by 50% to $0.48 per share.
PLEASANTON, Calif. – May 15, 2019 – According to the April Origination Insight Report from Ellie Mae , the leading cloud-based platform provider for the mortgage finance industry, the 30-year note rate dropped for the fourth straight month to 4.61%, down from 4.77% in March and the high of 5.01%in January.
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Description: Ellie Mae, Inc. provides on-demand software solutions and services for the residential mortgage industry in the United States.Its mortgage management solutions streamline and automate the process of originating and funding new mortgage loans, facilitating regulatory compliance, and reducing documentation errors.
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Ellie Mae revenue surges 65% Posted July 30, 2015 / No comments Ellie Mae marked another strong quarter on its books, with its second-quarter revenue surging to $65.9 million, up 65% from $40 million for the same period a year ago.
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Ellie Mae expected to deliver 40% revenue growth in 2015. Markets, who increased RBC’s price target on Ellie Mae to $65 and categorized the company’s stock as. Ellie Mae revenue surges 65%.
A decrease in US refinancing activity is significantly slowing growth in Ellie Mae’s variable revenue. How concerned should investors be? Is Ellie Mae’s Growth Hitting the Brakes? | The Motley Fool