SS&C Technologies: Q1 Earnings Snapshot
By AP News
Published - Apr 27, 2023, 05:00 PM ET
Last Updated - Jun 22, 2023, 02:40 AM EDT
WINDSOR, Conn. (AP) — WINDSOR, Conn. (AP) — SS&C Technologies Holdings Inc. (SSNC) on Thursday reported first-quarter net income of $126 million.
The Windsor, Connecticut-based company said it had net income of 49 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.11 per share.
The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.14 per share.
The financial services software maker posted revenue of $1.36 billion in the period, topping Street forecasts. Six analysts surveyed by Zacks expected $1.35 billion.
