Ellie Mae had net income of $10.6 million for the second quarter, a 39% increase over the same period one year ago as revenue per Encompass user increased 14%.
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There are now 153,334 active users of its Encompass loan origination system, up from 126,862 at the end of the second quarter last year. The average revenue per user is $601, up from $526 last year.
Total revenue increased to $90.1 million, compared with $65.9 million on a year-over-year basis.
Ellie Mae raised its guidance for its full-year net income to between $27.5 million and $28.5 million, up from a range of $23.5 million to $25.5 million.
In the past year, Ellie Mae has added customer relationship management firm Mortgage Returns and in August 2014 it acquired AllRegs.
