Ellie Mae revenue surges 65%

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.

What’s happening: Shares of Ellie Mae were up 13% as of 11:30 a.m. EDT following the mortgage-processing services company’s second-quarter financial report Thursday afternoon. The company exceeded.

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Ticker Company Name Market Cap PE Ratio Price/Book EV/EBITDA Price Change Change % Volume Div Yield DGR 3yr dgr 5yr Payout Ratio Revenue 1YR Revenue 3YR Earnings 1YR

According to the November Origination Insight Report from Ellie Mae (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, the percentage of Adjustable Rate Mortgages (ARMs) reached 8.9 percent, the highest percentage since Ellie Mae began tracking data in 2011.

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.

During her time at Ellie Mae, Beermann established the company as the recognized leader in mortgage finance software and was instrumental in driving 25% compound annual revenue growth rate over a.

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The total amount of assets as recorded on a company’s balance sheet. View historical data on Ellie Mae and its competitors.

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Refinancing accounted for 59% of February’s originations or more than double the share of new loans from six months earlier, according to mortgage data from Ellie Mae. Refinancing. Noninterest.

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5 Big After-Hours Earnings Winners. Its stock closed down 1% at $69.13 ahead of the report and shares rose 7% to $74.00 in the after-hours on 35,000 shares since the close. 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.

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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.