SS&C Technologies: Q1 Earnings Snapshot
WINDSOR, Conn. (AP) — WINDSOR, Conn. (AP) — SS&C Technologies Holdings Inc. (SSNC) on Thursday reported first-quarter profit of $213 million.
The Windsor, Connecticut-based company said it had profit of 84 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.44 per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.41 per share.
The financial services software maker posted revenue of $1.51 billion in the period, which matched Street forecasts.
For the current quarter ending in June, SS&C Technologies expects its per-share earnings to range from $1.35 to $1.41.
The company said it expects revenue in the range of $1.49 billion to $1.53 billion for the fiscal second quarter.
SS&C Technologies expects full-year earnings in the range of $5.68 to $6 per share, with revenue ranging from $6.12 billion to $6.24 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SSNC at https://www.zacks.com/ap/SSNC