Ultimate Software Group (ULTI) Tops Q2 EPS by 4c

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Go back to Ultimate Software Group (ULTI) Tops Q2 EPS by 4c

Ultimate Reports Q2 2018 Financial Results, Closes PeopleDoc Acquisition

July 31, 2018 4:00 PM EDT

Record Recurring Revenues of $239.5 million, Up by 23% Total Revenues of $271.2 million, Up by 21%

WESTON, Fla.--(BUSINESS WIRE)-- Ultimate Software (Nasdaq: ULTI), a leading provider of human capital management (HCM) solutions in the cloud, announced today our financial results for the second quarter ended June 30, 2018. Ultimate reported recurring revenues of $239.5 million, a 23% increase, and total revenues of $271.2 million, a 21% increase, both compared with 2017's second quarter. GAAP net income for the second quarter of 2018 was $13.7 million, or $0.44 per diluted... More