Ultimate Reports Q2 2016 Financial Results
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UBS Raises Price Target on Ultimate Software Group (ULTI) Following 2Q Report
July 27, 2016 9:44 AM EDTUBS reiterated a Buy rating on Ultimate Software Group (NASDAQ: ULTI), and raised the price target to $250.00 (from $237.00), following the company's 2Q earnings report. ULTI reported total revenue of $186.5m vs. guidance of approximately 187m. EPS $0.76 was in-line with the Street.
Analyst John Byun commented, "With 99% visibility into FY16 recurring... More
Needham & Company Reiterates Buy on Ultimate Software Group (ULTI) Following In-Line 2Q
July 27, 2016 6:49 AM EDTNeedham & Company maintained a Buy rating and $250.00 price target on Ultimate Software Group (NASDAQ: ULTI) following the company's 2Q earnings report. ULTI reported revenues of $186.5mm and EPS of $0.76. Both fell in-line with $186.9mm revenue and $0.75 EPS estimates.
Analyst Scott Berg commented,... More
Ultimate Software Group (ULTI) Reports In-Line Q2 EPS
July 26, 2016 4:02 PM EDTUltimate Software Group (NASDAQ: ULTI) reported Q2 EPS of $0.76, in-line with the analyst estimate of $0.76. Revenue for the quarter came in at $186.5 million versus the consensus estimate of $187.06 million.
We had a strong second quarter. We executed on all of our key financial... More
