Ellie Mae Reports First Quarter 2015 Results

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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, 2015. First Quarter 2015 Highlights Record revenue of $54.2 million, up 68% from $32.2 million in Q1 2014 Net income of $3.6 million, up from $0.8 million in Q1 of 2014 Adjusted EBITDA of $14.6 million, up 141% from $6.0 million in Q1 2014 Revenue per average act

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