Ellie Mae revenue surges 65%

Record revenue of $65.9 million, up 65% from $40.0 million in Q2 2014 Net income of $7.6 million, up 62% from $4.7 million in Q2 2014 Adjusted EBITDA of $22.7 million, up 72% from $13.2 million in Q2 2014 Revenue per average active Encompass user of $526, up 28% from $410 in Q2 2014 "Ellie Mae had.

Bank of America saw its revenue from production of mortgages drop 60% to $403 million. According to most recent data from Mortgage Bankers Association, applications to refinance are down more than 65%.

These include vendors such as D+H, CRIF Lending Solutions, Ellie Mae, FRB Services, IBM, Fiserv, Microsoft, and ProfitStars. Streamline Audit Preparation Take back the time your ever-increasing audit overhead is stealing.

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Ellie Mae, Inc. reports financial results for the year ended December 31, 2016. We analyze the earnings along side the following peers of Ellie Mae, Inc. – Zillow Group, Inc. Class A, Xerox Corporation, Mitek Systems, Inc. and Fair isaac corporation (zg-US, XRX-US, MITK-US and FICO-US) that have also reported for this period.

"We had a great start to the year with strong financial and operating performance in the first quarter," said Sig Anderman, CEO of Ellie Mae. "Through solid execution we delivered robust growth in both revenue and profits while generating significant free cash flow. We sold a record number of SaaS.

Here are the 3Q bank earnings to watch for this week Earnings: Company Earnings Calendar – Yahoo Finance – Learn when companies announce their quarterly, annual earnings. See the latest EPS estimates. Listen to the conference call and remind yourself by adding it to your calendar.

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%.

An even more spectacular run this year has been the outsized performance of ellie mae (elli) which has gone from $6 in late. Both stocks showed an initial surge above their IPO prices but have.

To keep up with the surging demand, more and more mortgage originators have become customers of Ellie Mae’s software-as-a-service platform — called Encompass — to help them automate as much of the.

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Ellie Mae Inc’s Revenue per Employee quarter by quarter results, averages and statistics, Financial Information – CSIMarket

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Ellie Mae, Inc.ELLI was a big mover last session, as the company saw its shares rise nearly 9% on the day. The upside was driven by the company’s encouraging fourth-quarter results. This resulted in.