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Shares of SS&C Technologies Hldgs (NASDAQ:SSNC) rose in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share rose 19.23% year over year to $1.24, which beat the estimate of $1.14.
Revenue of $1,261,000,000 up by 10.52% year over year, which beat the estimate of $1,210,000,000.
Looking Ahead
SS&C Technologies Sees Q3 Adj. EPS $1.15-$1.21 vs $1.16 Est., Sales $1.205B-$1.245B vs $1.21B Est.; Sees FY21 Adj. EPS $4.70-$4.82 vs $4.67 Est., Sales $4.921B-$5.001B vs $4.91B Est.
Conference Call Details
Date: Jul 28, 2021
Time: 05:00 PM
ET Webcast URL: https://investor.ssctech.com/investor-relations/financial-information/quarterly-results/default.aspx
Recent Stock Performance
Company's 52-week high was at $76.05
52-week low: $55.77
Price action over last quarter: Up 0.04%
Company Description
SS&C Technologies provides software products and software-enabled services to a variety of customers primarily in financial services but also healthcare firms. SS&C GlobeOp provides fund administration services to alternative and traditional asset managers. In addition, SS&C provides portfolio accounting, portfolio management, trading, banking/lending, and other software to asset managers, banks, and financial advisors. SS&C's purchase of Intralinks makes it a leading player in Virtual Data Room solutions. With its purchase of DST Systems, SS&C gained a foothold in the healthcare industry with pharmacy health management solutions and medical claim administration services.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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