Needham & Company Raises Price Target Following Ultimate Software Group's (ULTI) 3Q
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Ultimate Reports Q3 2015 Financial Results
October 27, 2015 4:00 PM EDTRecord Recurring Revenues of $131.8 Million, Up by 23% Record Total Revenues of $155.3 Million, Up by 22%
WESTON, Fla.--(BUSINESS WIRE)-- Ultimate Software (Nasdaq: ULTI), a leading provider of human capital management (HCM) solutions in the cloud, announced today its financial results for the third quarter of 2015. For the quarter ended September 30, 2015, Ultimate reported recurring revenues of $131.8 million, a 23% increase, and total revenues of $155.3 million, a 22% increase, both compared with 2014s third quarter. GAAP net income for the third quarter of 2015... More
