SS&C Technologies Reports Q2 2018 Results, Announces Management Changes

Go back to SS&C Technologies Reports Q2 2018 Results, Announces Management Changes

SS&C Technologies Holdings, Inc. (SSNC) PT Raised to $68 at Needham & Company

August 3, 2018 9:23 AM EDT

Needham & Company raised its price target on SS&C Technologies Holdings, Inc. (NASDAQ: SSNC) to $68.00 (from $60.00) while maintaining a Buy rating.

Analyst Mayank Tandon commented, "SSNC delivered upside 2Q results and raised the outlook for the full year on the back of... More

SS&C Technologies (SSNC) Tops Q2 EPS by 7c, Revenues Beat; Offers FY18 Revenue Outlook

August 2, 2018 4:18 PM EDT

SS&C Technologies (NASDAQ: SSNC) reported Q2 EPS of $0.62, $0.07 better than the analyst estimate of $0.55. Revenue for the quarter came in at $908.5 million versus the consensus estimate of $904.08 million.

Second Quarter Highlights:

Adjusted net income was $154.6 million for Q2 2018, increasing 60.7 percent from Q2 2017\'s adjusted net income of $96.2... More