Ultimate Software Group Inc. announced that Sorenson Communications is using the UltiPro human capital management solution and its talent acquisition tools to enhance and accelerate its recruitment processes. Before switching to UltiPro, Sorenson Communications was relying on an in-house HR solution provided by its former parent company for its 4,700 employees. Because its prior system did not offer talent acquisition functionality, Sorenson's HR team managed its recruitment processes manually with paper, faxes, and emails. Sorenson went live on UltiPro in 2006 and added UltiPro Recruitment in February 2009. Since deploying UltiPro's recruiting tools, Sorenson has: reduced the length of the hiring process for its global workforce from approximately three weeks to three days; integrated UltiPro with background checks and drug-screening services; and improved information management and compliance reporting.

Ultimate Software Group Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported total revenues of $48.2 million, an increase of 10% compared with the total revenue of $43.9 million for third quarter of 2008. GAAP net loss was $0.5 million, or $0.02 per diluted share, versus GAAP net loss of $3.1 million, or $0.12 per diluted share, for the third quarter of 2008. Non-GAAP net income, which excludes stock-based compensation and amortization of acquired intangibles, was $1.6 million, or $0.06 per diluted share, compared with non-GAAP net loss of $0.1 million, or $0.00 per diluted share, for the third quarter of 2008. Non-GAAP operating income was $2.7 million compared with a $0.3 million non-GAAP operating loss for the third quarter of 2008. Operating loss was $695,000 compared to $4.3 million for the same quarter a year ago. Loss before income taxes was $694,000 compared to $4.2 million for the same quarter a year ago. For the nine months, the company reported net loss of $1.2 million or $0.05 per diluted share on total revenues of $144.3 million compared to net loss of $3.5 million or $0.14 per diluted share on total revenues of $128.9 million for the same period a year ago. Loss before income taxes was $1.6 million compared to $5 million for the same period a year ago. Operating loss was $1.6 million compared to $6 million for the same period a year ago. Non-GAAP net income was $5 million or $0.19 per diluted share compared with non-GAAP net income of $4.3 million, or $0.16 per diluted share for the same period a year ago. Non-GAAP operating income was $8.5 million compared with a $6.5 million for the same period a year ago. Net cash provided by operating activities was $16.2 million and purchases of property and equipment of $3.2 million compared to net cash provided by operating activities of $18.5 million and purchases of property and equipment of $10.1 million for the same period a year ago. The company provided earnings guidance for the full year 2009 and full year 2010. For the year 2009, the company expects recurring revenues to increase by approximately 26% over those in 2008, total revenues to increase by approximately 10% over those in 2008 and operating margin, on a non-GAAP basis of between 6% and 7%. For the full year 2010, the company expects recurring revenues to increase by 26% to 29% in 2010 over those in 2009, total revenues to increase between 18% and 20% over those in 2009 and operating margins, on a non-GAAP basis of between 10% and 12%.

Ultimate Software Group Inc. expected to Report Fiscal Year 2009 Results on February 1, 2010. This event was calculated by Capital IQ (Created on October 27, 2009).