Ultimate Software Group (ULTI) Tops Q3 EPS by 17c, Offers Guidance
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Ultimate Reports Q3 2017 Financial Results
November 1, 2017 4:00 PM EDTRecord Recurring Revenues of $203.1 million, Up by 22%
Record Total Revenues of $236.1 million, Up by 20%
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 third quarter ended September 30, 2017. Ultimate reported recurring revenues of $203.1 million, a 22% increase, and total revenues of $236.1 million, a 20% increase, both compared with 2016s third quarter. GAAP net income for the third quarter of 2017 was $4.7 million, or $0.15 per diluted share, as compared with GAAP net income of... More
