SS&C Technologies: Q1 Earnings Snapshot
April 26, 2021
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WINDSOR, Conn. (AP) _ SS&C Technologies Holdings Inc. (SSNC) on Monday reported first-quarter profit of $174.9 million.
The Windsor, Connecticut-based company said it had profit of 65 cents per share. Earnings, adjusted for one-time gains and costs, were $1.18 per share.
The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.10 per share.
The financial services software maker posted revenue of $1.23 billion in the period. Its adjusted revenue was $1.24 billion, also beating Street forecasts. Six analysts surveyed by Zacks expected $1.19 billion.
For the current quarter ending in July, SS&C Technologies expects its per-share earnings to range from $1.10 to $1.16.