SS&C Technologies Reports Q1 2019 Earnings Results

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Go back to SS&C Technologies Reports Q1 2019 Earnings Results

SS&C Technologies (SSNC) Tops Q1 EPS by 4c, Revenues In-Line; 2Q Revenue Outlook Below Consensus, Affirms FY19 Revenue Guidance

April 30, 2019 4:18 PM EDT

SS&C Technologies (NASDAQ: SSNC) reported Q1 EPS of $0.91, $0.04 better than the analyst estimate of $0.87. Revenue for the quarter came in at $1.15 billion versus the consensus estimate of $1.15 billion.

Adjusted consolidated EBITDA increased 148.1 percent to $443.4 million in Q1 2019. Adjusted consolidated EBITDA margin was 38.6 percent for the quarter.Cash flow provided by operations increased 96.6 percent... More