Ultimate Software Group (ULTI) Tops Q3 EPS by 1c, Offers Q4 Guidance
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Ultimate Reports Q3 2016 Financial Results
November 1, 2016 4:00 PM EDTRecord Recurring Revenues of $167.0 Million, Up by Record Total Revenues of $197.0 Million, Up by 27%
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 ended September 30, 2016. Ultimate reported recurring revenues of $167.0 million, a 27% increase, and total revenues of $197.0 million, a 27% increase, both compared with 2015s third quarter. GAAP net income for the third quarter of 2016... More
