SS&C Technologies Beats Earnings Expectations
WINDSOR, Conn. -- SS&C Technologies Holdings Inc. (SSNC) announced fourth-quarter earnings of $248.2 million on Thursday.
On a per-share basis, the company reported net income of 98 cents. Excluding one-time items, earnings came in at $1.58 per share, surpassing analyst estimates of $1.32.
Revenue for the quarter reached $1.53 billion, also exceeding expectations of $1.48 billion.
For the full year, SS&C posted a profit of $760.5 million ($3 per share) on revenue of $5.89 billion.