Tag Archives: Ellie Mae

News, Politics, Government

Charles jokes royal baby 'hopefully' on the way

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Britain’s Prince Charles joked Monday that his son Prince William’s baby was “hopefully” on its way as the kingdom feverishly awaits the new arrival.

With William’s wife Catherine due to give birth any day, Charles, the Duke of Cornwall, and his wife Camilla kicked off their annual summer tour of the southwest English county and neighbouring Devon.

On their visit to the seaside town of Bude, the heir to the throne came face-to-face with some newborns.

Bude resident Trudi Lindsay brought along her three-week-old baby Ellie-Mae to see the royals.

“I said, ‘You have got one of these coming soon’ and Charles replied ‘Hopefully’, then he laughed,” she said.

“He was very good with Ellie-Mae, he touched her cheek.”

Charles and Camilla drew loud cheers from the flag-waving crowds as they walked through the town.

Jenny Dawe, 62, who works in a local shop, showed the royals her selection of cards.

“I said, ‘You will need a new baby card soon’ and they laughed,” she recounted.

New parents Poppy and Paul Steen brought their five-day-old son Lowen to meet the royal couple.

“Lowen wasn’t supposed to be born today but he came on Wednesday and I had to deliver him at home,” said Paul Steen.

“The midwife did joke that he might arrive on the same day as Kate’s and we might get a commemorative coin but Lowen wasn’t waiting for that.”

All babies born on the same day as William and Kate’s imminent arrival can register to receive a free lucky silver penny from the Royal Mint, worth ??28 ($42.25, 32.40 euros).

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Source: FULL ARTICLE at Fox World News

Business, Finance, Occupation & Industry

Ellie Mae to Report First Quarter Financial Results on April 30, 2013

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By Business Wirevia The Motley Fool

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Ellie Mae to Report First Quarter Financial Results on April 30, 2013

PLEASANTON, Calif.–(BUSINESS WIRE)– Ellie Mae® (NYS: ELLI) , a leading provider of enterprise level, on-demand automated solutions for the residential mortgage industry, announced today that it will release financial results for the first quarter ended March 31, 2013 following the close of the market on Tuesday, April 30, 2013. The Company will host a corresponding conference call and live webcast at 4:30 p.m. Eastern Time on that day.

Investors may listen to the live conference call by dialing 877-941-1427 or 480-629-9664 at 4:30 p.m. Eastern Time on April 30, 2013. An audio replay of the call will be available through May 14, 2013 by dialing 800-406-7325 or 303-590-3030 and entering access code 4611661.

A live webcast of the call will be available on the Investor Relations section of the Company’s website at http://ir.elliemae.com.

About Ellie Mae

Ellie Mae, Inc. is a leading provider of on-demand automation solutions for the mortgage industry. The Company offers an end-to-end solution, delivered using a Software-as-a-Service model that serves as the core operating system for mortgage originators and spans customer relationship management, loan origination and business management. The Company also hosts the Ellie Mae Network™ that allows Encompass® users to electronically conduct business transactions with the lenders and settlement service providers they work with to process and fund loans. The Company’s offerings include the Encompass, Encompass360® and DataTrac® mortgage management software systems.

Ellie Mae was founded in 1997 and is based in Pleasanton, California. To learn more about Ellie Mae, visit www.EllieMae.com or call 877.355.4362.

© 2013 Ellie Mae, Inc. Ellie Mae®, Encompass®, Encompass360®, DataTrac®, Ellie Mae Network™ and the Ellie Mae logo are registered trademarks or trademarks of Ellie Mae, Inc. or its subsidiaries. All rights reserved. Other company and product names may be trademarks or copyrights of their respective owners.

Ellie Mae, Inc.
Edgar Luce, +1 925-227-7079
Executive VP and CFO
IR@elliemae.com
or
The Blueshirt Group for Ellie Mae, Inc.
Lisa Laukkanen, +1 415-217-4967
lisa@blueshirtgroup.com

KEYWORDS:   United States  North America  California

INDUSTRY KEYWORDS:

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Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Ellie Mae Announces Keynote Speakers for the 2013 Ellie Mae Encompass Experience

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By Business Wirevia The Motley Fool

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Ellie Mae Announces Keynote Speakers for the 2013 Ellie Mae Encompass Experience

PLEASANTON, Calif.–(BUSINESS WIRE)– Ellie Mae® (NYS: ELLI) , a leading provider of enterprise level, on-demand automated solutions for the residential mortgage industry, today announced the keynote speakers for its second annual national user conference, the 2013 Ellie Mae Encompass® Experience, to be held Oct. 13 – 16, 2013 at the Wynn Hotel in Las Vegas, NV.

The keynote speakers, who will offer their unique perspectives on the mortgage industry, economy and business leadership, include:

  • David Stevens, president and chief executive officer of the Mortgage Bankers Association (MBA). Prior to joining the MBA, Mr. Stevens was the Assistant Secretary for Housing and Federal Housing Commissioner at the United States Department of Housing and Urban Development, senior vice president at Freddie Mac, an executive vice president at Wells Fargo and president and chief operating officer of Long and Foster Companies.
  • Geoff Colvin, senior editor-at-large of FORTUNE and author of Talent Is Overrated: What Really Separates World-Class Performers from Everybody Else. As a longtime editor and columnist for FORTUNE and the anchor of Wall Street Week with FORTUNE on PBS, Mr. Colvin has become one of America’s sharpest and most respected commentators on leadership, globalization, wealth creation, the info-tech revolution and related issues.
  • Harvey Mackay, author of seven New York Times bestsellers, including Swim With the Sharks Without Being Eaten Alive and Beware the Naked Man Who Offers You His Shirt. For the last 20 years, Mr. Mackay has been a nationally syndicated columnist for United Feature Syndicate, with articles appearing in 100 newspapers and magazines around the country. Toastmasters International named Mr. Mackay one of the top five speakers in the world.

“The overall feedback we received for Encompass Experience 2012 was incredibly positive,” said Jonathan Corr, president and chief operating officer at Ellie Mae. “Many of the 1,200-plus attendees specifically called out our strong lineup of speakers. We believe the keynotes for the 2013 Ellie Mae Encompass Experience will build on that experience and be even more exciting and insightful.”

The 2013 Ellie Mae Encompass Experience is an invitation-only event for current Ellie Mae clients, including senior management, executives, system administrators, operations managers, loan officers and processors, compliance specialists, closers, secondary market managers and users of all experience levels. This year, Ellie Mae is expanding the summit to add …read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Ellie Mae's Margin Hot Streak Continues

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By Seth Jayson, The Motley Fool

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Margins matter. The more Ellie Mae (NYS: ELLI) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders. Healthy margins often separate pretenders from the best stocks in the market. That’s why we check up on margins at least once a quarter in this series. I’m looking for the absolute numbers, so I can compare them to current and potential competitors, and any trend that may tell me how strong Ellie Mae‘s competitive position could be.

Here’s the current margin snapshot for Ellie Mae over the trailing 12 months: Gross margin is 77.3%, while operating margin is 20.8% and net margin is 19.1%.

Unfortunately, a look at the most recent numbers doesn’t tell us much about where Ellie Mae has been, or where it’s going. A company with rising gross and operating margins often fuels its growth by increasing demand for its products. If it sells more units while keeping costs in check, its profitability increases. Conversely, a company with gross margins that inch downward over time is often losing out to competition, and possibly engaging in a race to the bottom on prices. If it can’t make up for this problem by cutting costs — and most companies can’t — then both the business and its shares face a decidedly bleak outlook.

Of course, over the short term, the kind of economic shocks we recently experienced can drastically affect a company’s profitability. That’s why I like to look at five fiscal years’ worth of margins, along with the results for the trailing 12 months, the last fiscal year, and last fiscal quarter (LFQ). You can’t always reach a hard conclusion about your company’s health, but you can better understand what to expect, and what to watch.

Here’s the margin picture for Ellie Mae over the past few years.

Source: S&P Capital IQ. Dollar amounts in millions. FY = fiscal year. TTM = trailing 12 months.

Because of seasonality in some businesses, the numbers for the last period on the right — the TTM figures — aren’t always comparable to the FY results preceding them. To compare quarterly margins to their prior-year levels, consult this chart.

Source: S&P Capital IQ. Dollar amounts in millions. FQ = fiscal quarter.

Here’s how the stats break down:

  • Over the past five years, gross margin peaked at 77.3% and averaged 69.8%. Operating margin peaked at 20.8% and averaged 5.5%. Net margin peaked at 19.1% and averaged 5.7%.
  • TTM gross margin is 77.3%, 750 basis points better than the five-year average. TTM operating margin is 20.8%, 1,530 basis points …read more
    Source: FULL ARTICLE at DailyFinance