Ultimate Reports Q1 2015 Financial Results

Go back to Ultimate Reports Q1 2015 Financial Results

Ultimate Software (ULTI) PT Raised to $195 at Canaccord Genuity; Growth Intact

April 29, 2015 9:53 AM EDT

Canaccord Genuity analyst Richard Davis reiterated a Buy rating and lifted his price target on Ultimate Software (NASDAQ: ULTI) to $195.00 (from $175.00) following an in-line quarter versus a tough compare. The firm said growth targets remain intact.

Davis commented, "n the 53rd quarter that we have analyzed Ultimates results, the firm delivered results that did not alter our view that the company has several more years of revenue and operating earnings growth in the 20% and 30% range,... More

Ultimate Software Group (ULTI) Reports In-Line Q1 EPS, Offers Guidance

April 28, 2015 4:01 PM EDT

Ultimate Software Group (NASDAQ: ULTI) reported Q1 EPS of $0.52, in-line with the analyst estimate of $0.52. Revenue for the quarter came in at $144.9 million versus the consensus estimate of $145.1 million.

Ultimate Software Group sees Q2 2015 revenue of $146 million, versus the consensus of $148.39... More