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Ellie Mae’s Quarterly Miss, An Inflection Point?

August 2nd, 2017 · No Comments

  • The danger for expensive growth stocks is always an earnings miss, especially when accompanied by a considerable guidance reduction.
  • This is exactly what happened to Ellie Mae, and the recovery from this won’t be easy or fast.
  • One positive factoid, seats are still increasing, at least part of the underlying growth mechanics are still there.

Source: Ellie Mae’s Quarterly Miss, An Inflection Point? – Ellie Mae, Inc. (NYSEMKT:ELLI) | Seeking Alpha

Tags: ELLI