Ellie Mae Reports Fourth Quarter and Full Year 2017 Results
ELLIE MAE (ELLI)
Last ellie mae earnings: 2/14 08:00 am
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Source: Business Wire
PLEASANTON, Calif.--(BUSINESS WIRE)-- Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, today reported results for the fourth quarter and full year ended December 31, 2017. Fourth Quarter 2017 Highlights Revenues of $112.9 million, up 17% from $96.2 million in 2016 Net income of $9.9 million1, down from $10.9 million in 2016 Adjusted EBITDA of $28.5 million, down from $29.4 million in 2016 11,000 Encompass seats booked Full Year 2017 Highlights Revenues of $417.0 million, up 16% from $360.3 million in 2016 Net income of $52.9 million1, up from $37.8 million in 2016 Adjusted EBITDA of $122.6 million, up from $113.1 million in 2016 40,800 Encompass seats booked “It was a great finish to the year as we continued to
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