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Thursday, October 26, 2017

-=Ellie Mae (ELLI) reported earnings on Thur 26 Oct 2017 (a/h)

Ellie Mae, Inc. is a software company that processes almost a quarter of U.S. mortgage




Elli Mae beats by $0.13, beats on revs; guides Q4 EPS below consensus, revs above consensus 
  • Reports Q3 (Sep) earnings of $0.53 per share, excluding non-recurring items, $0.13 better than the Capital IQ Consensus of $0.40; revenues rose 6.6% year/year to $107 mln vs the $105.62 mln Capital IQ Consensus.
  • Co issues mixed guidancefor Q4, sees EPS of $0.19-0.29, excluding non-recurring items, vs. $0.32 Capital IQ Consensus Estimate; sees Q4 revs of $107-109 mln vs. $101.69 mln Capital IQ Consensus Estimate.
  • Adjusted EBITDA is expected to be in the range of $23.0 million to $25.0 million
  • "Seat bookings of 8,100 were also solid despite a tough quarter in which some of our customers were affected by devastating hurricanes in two of our major markets." 

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