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News Breaks
January 29, 2013
07:22 EDTULTIUltimate Software initiated with a Buy at Maxim
Target $120.
News For ULTI From The Last 14 Days
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February 3, 2016
08:46 EDTULTIUltimate Software reported 'excellent results,' says JMP Securities
After Ultimate Software's results beat expectations, JMP Securities notes that the company reported that its new ARR bookings jumped 56% year-over-year last quarter, while each of its sales teams exceeded expectations. The firm says these metrics indicate that the company has strong momentum. JMP keeps a $193 price target and Outperform rating.
07:56 EDTULTIUltimate Software 'firing on all cylinders,' says SunTrust
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February 2, 2016
19:22 EDTULTIOn The Fly: After Hours Movers
UP AFTER EARNINGS: Boot Barn (BOOT), up 16.5%... Wabash National (WNC), up 9.7%... Oclaro (OCLR), up 6.8%... Myriad Genetics (MYGN), up 8%... Ultimate Software Group (ULTI), up 6.2%... Natural Health (NHTC), up 6.2%... Edwards Lifesciences (EW), up 6.2%... Viavi Solutions (VIAV), up 2.4%... Gilead Sciences (GILD), up just under 1%. DOWN AFTER EARNINGS: Match Group (MTCH), down 7.3%... Yahoo (YHOO), down 1.2%... Chipotle (CMG), down 7.1%. ALSO LOWER: Barnes & Noble (BKS), down 2.4% after General Growth (GGP) CEO Sandeep Mathrani announced that Amazon (AMZN) is going to open 300-400 brick-and-mortar bookstores.
16:03 EDTULTIUltimate Software sees FY16 revenue up 25%, consensus $758.04M
Sees FY16 recurring revenue up 26%. Sees adjusted operating margin 21%.
16:02 EDTULTIUltimate Software sees Q1 revenue $180M, consensus $179.09M
Sees Q1 recurring revenue $150M. Sees adjusted operating margin 18%.
16:01 EDTULTIUltimate Software reports Q4 adjusted EPS 83c, consensus 73c
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