Ultimate Software Group (ULTI) Reports In-Line Q1 EPS, Offers Guidance
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Ultimate Reports Q1 2015 Financial Results
April 28, 2015 4:00 PM EDTRecord Recurring Revenues of $118.9 Million, Up by 22% Record Total Revenues of $144.9 Million, Up by 20%
WESTON, Fla.--(BUSINESS WIRE)-- Ultimate Software (Nasdaq: ULTI), a leading provider of cloud-based Human Capital Management (HCM) solutions, announced today its financial results for the first quarter of 2015. For the quarter ended March 31, 2015, Ultimate reported recurring revenues of $118.9 million, a 22% increase, and total revenues of $144.9 million, a 20% increase, both compared with 2014s first quarter. GAAP net income for the first quarter of 2015 was... More
