Ultimate Software Group (ULTI) Misses Q4 EPS by 1c; Issues Outlook

February 5, 2013 4:27 PM EST Send to a Friend
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Ultimate Software Group, Inc. (NASDAQ: ULTI) reported Q4 EPS of $0.38, $0.01 worse than the analyst estimate of $0.39. Revenue for the quarter came in at $92.2 million versus the consensus estimate of $90.79 million.

Ultimate Software Group, Inc. sees Q1 2013 revenue of $98.0 million, versus the consensus of $96.7 million.

For FY13:
* Recurring revenues to increase by approximately 25% over 2012,
* Total revenues to increase by approximately 23% over 2012, and
* Operating margin, on a non-GAAP basis (discussed below), of approximately 17%.

For earnings history and earnings-related data on Ultimate Software Group, Inc. (ULTI) click here.


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