Ellie Mae Reports First Quarter 2016 Results

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 first quarter ended March 31, 2016. First Quarter 2016 Highlights Record revenue of $73.6 million, up 36% from $54.2 million in Q1 2015 Adjusted EBITDA of $15.6 million, up 7% from $14.6 million in Q1 2015 Net income of $2.5 million, compared to $3.6 million in Q1 2015 15,000 Encompass seats





Source: BusinessWire-Construction

Ellie Mae Reports First Quarter 2016 Results