Ultimate Reports Q3 2015 Financial Results
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Roth Capital Raises Price Target to $237 on Ultimate Software Group (ULTI) Following 3Q
October 28, 2015 10:56 AM EDTRoth Capital reiterated a Buy rating on Ultimate Software (NASDAQ: ULTI), and raised the price target to $237.00 (from $213.00), following the company's 3Q15 earnings results. 3Q15 revenues of $155.3M essentially matched Roth Capital's $156.1M estimate.
Analyst Richard Baldry commented, "Ultimate Software's 3Q15 results... More
Needham & Company Raises Price Target Following Ultimate Software Group's (ULTI) 3Q
October 28, 2015 9:59 AM EDTNeedham & Company reiterated a Buy rating on Ultimate Software (NASDAQ: ULTI), and raised the price target to $220.00 (from $195.00), following the company's 3Q15 earnings results. ULTI reported revenues and EPS of $155.3mm and $0.69. The underperformance of revenues was mainly attributed to the timing of professional services revenues. The company reaffirmed... More
Ultimate Software Group (ULTI) Tops Q3 EPS by 6c
October 27, 2015 4:02 PM EDTUltimate Software Group (NASDAQ: ULTI) reported Q3 EPS of $0.69, $0.06 better than the analyst estimate of $0.63. Revenue for the quarter came in at $155.3 million versus the consensus estimate of $156.15 million.
We performed according to plan in this years third quarter for both our recurring revenues and total revenues, keeping us on target to achieve our 2015 objectives. Our operating margin came in above... More
