SS&C Technologies: Q3 Earnings Snapshot
By AP News
Published - Oct 24, 2024, 04:20 PM ET
Last Updated - Dec 16, 2024, 06:00 PM EST
WINDSOR, Conn. (AP) — WINDSOR, Conn. (AP) — SS&C Technologies Holdings Inc. (SSNC) on Thursday reported third-quarter net income of $164.4 million.
On a per-share basis, the Windsor, Connecticut-based company said it had net income of 65 cents. Earnings, adjusted for one-time gains and costs, came to $1.29 per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.26 per share.
The financial services software maker posted revenue of $1.47 billion in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $1.44 billion.
