SS&C Technologies (SSNC) Tops Q4 EPS by 2c; Issues Light Revenue Guidance
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Needham & Company Reiterates Buy Following SS&C Technologies' (SSNC) Strong 4Q Earnings Results
February 12, 2016 7:02 AM ESTNeedham & Company maintained a Buy rating on SS&C Technologies Holdings, Inc. (NASDAQ: SSNC), and cut the price target to $76.00 (from $86.00), following the company's 4Q earnings report. 4Q revenue rose to $325.8MM, ahead of consensus' $320MM estimate. $0.72 in EPS also came in ahead of consensus ($0.69). Management introduced FY16 guidance that is essentially in line with expectations and does not include the... More
