Ultimate Software Group (ULTI) Reports In-Line Q2 EPS
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Ultimate Reports Q2 2016 Financial Results
July 26, 2016 4:00 PM EDTRecord Recurring Revenues of $158.5 Million, Up by 27% Total Revenues of $186.5 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 second quarter ended June 30, 2016. Ultimate reported recurring revenues of $158.5 million, a 27% increase, and total revenues of $186.5 million, a 27% increase, both compared with 2015s second quarter. GAAP net income for the second quarter of 2016 was $1.7 million, or $0.06 per diluted... More
