SS&C Technologies Hldgs: Q2 Earnings Insights

Shares of SS&C Technologies Hldgs SSNC rose 0.1% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share increased 14.29% over the past year to $1.04, which beat the estimate of $0.91.

Revenue of $1,141,000,000 declined by 1.30% from the same period last year, which beat the estimate of $1,110,000,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

SS&C Technologies Hldgs hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Jul 28, 2020

Time: 05:00 PM

ET Webcast URL: https://investor.ssctech.com/investor-relations/events-and-presentations/event-details/2020/SSC-Technologies-Second-Quarter-2020-Earnings-Call/default.aspx

Recent Stock Performance

52-week high: $66.74

52-week low: $29.51

Price action over last quarter: Up 2.86%

Company Overview

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 services the healthcare industry with pharmacy health management solutions and medical claim administration services.