Roth Capital Reiterates Buy on Ellie Mae (ELLI) Following 3Q Results

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Go back to Roth Capital Reiterates Buy on Ellie Mae (ELLI) Following 3Q Results

Needham & Company Raises Price Target on Ellie Mae (ELLI) Following EPS Beat

October 29, 2015 9:22 AM EDT

Needham & Company reiterated a Buy rating on Ellie Mae (NYSE: ELLI), and raised the price target to $88.00 (from $85.00), following the company's 3Q earnings results. Ellie Mae reported 3Q revenue of $68.9 million, above consensus of $62.6 million. EPS of $0.45 beat consensus of $0.35.

Analyst Mayank Tandon... More

Ellie Mae (ELLI) Tops Q3 EPS by 11c

October 28, 2015 4:15 PM EDT

Ellie Mae (NYSE: ELLI) reported Q3 EPS of $0.45, $0.11 better than the analyst estimate of $0.34. Revenue for the quarter came in at $68.9 million versus the consensus estimate of $61.9 million.

For earnings history and earnings-related data on Ellie Mae (ELLI) click here.

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