PLEASANTON-- Ellie Mae harvested rising profits and sales for its third quarter that ended in September, the provider of software to automate the handling of residential mortgages said Wednesday.

Ellie Mae earned $6.8 million and generated revenue of $27.5 million. Compared to the year-ago quarter, profits soared 152 percent higher and revenue climbed 87 percent.

"Fueling our third quarter performance was higher than expected mortgage origination volume which accelerated our growth," Ellie Mae CEO Sig Anderman said. "Given our results to date and the revised forecasts for mortgage origination volume for the remainder of 2012, we are raising our full year guidance."

Pleasanton-based Ellie Mae said that for the full fiscal year 2012, revenue should range from $99.5 million to $100.0 million, up from the prior estimated range of $90 million to $91 million.

Full-year profits should range from $17.0 million to $17.4 million, compared with a prior estimate of $12.3 million to $13.1 million. Per-share profits should range from 68 cents to 70 cents, better than the prior estimate of 49 cents to 52 cents, Ellie Mae said.

Contact George Avalos at 925-977-8477. Follow him at twitter.com/george_avalos.