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Stock Market & Financial Investment News

News Breaks
October 26, 2012
07:50 EDTELLIEllie Mae recent weakness creates buying opportunity, says Oppenheimer
Oppenheimer expects Ellie Mae to report favorable Q3 results as the firm thinks that end-market demand is accelerating. The firm expects the company's growth to surpass consensus 2012 and 2013 estimates, and it maintains an Outperform rating on the shares.
News For ELLI From The Last 14 Days
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February 12, 2016
09:04 EDTELLIEllie Mae reported 'impressive' results, says Roth Capital
After Ellie Mae reported better than expected results, Roth Capital notes that the company also significantly raised its 2016 guidance. The firm reiterates a $95 price target and Buy rating on the shares.
February 11, 2016
16:15 EDTELLIEllie Mae sees 2016 adjusted EPS $1.79-$1.86, consensus $1.72
Sees 2016 revenue $317M-$321M, consensus $306.4M.
16:14 EDTELLIEllie Mae sees Q1 adjusted EPS 29c-31c, consensus 31c
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16:14 EDTELLIEllie Mae reports Q4 adjusted EPS 44c, consensus 21c
Reports Q4 revenue $64.9M, consensus $61.35M. The company said, "Fourth quarter year-over-year revenue growth of 39% was driven by the continued ramp of Encompass users and adoption of our services. Total seat bookings reached an all-time high of 16,200 during the quarter and included a record 8,700 new customer seats, demonstrating our ongoing business momentum and the value of our offerings. Even with the record number of seats we booked in 2015, our new business pipeline remains very robust."
February 8, 2016
09:14 EDTELLISoftware stocks should be bought aggressively after pullback, says Roth Capital
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