Ellie Mae’s Revenue Enhanced by Velocify Acquisition
National Mortgage News, Feb. 9, 2018–Brad Finkelstein (subscription)
or the fourth quarter, Ellie Mae’s revenue of $112.9 million was up 17% from $96.2 million for the same period in 2016. This exceeded the midpoint of the company’s guidance by approximately $5 million and “was driven by higher-than-expected revenue from Velocify.
