SS&C Technologies Releases Q4 and Full Year 2019 Earnings

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Go back to SS&C Technologies Releases Q4 and Full Year 2019 Earnings

SS&C Technologies (SSNC) Tops Q4 EPS by 11c, Revenues Beat; Offers Q1 & FY20 Revenue Outlook

February 12, 2020 4:10 PM EST

SS&C Technologies (NASDAQ: SSNC) reported Q4 EPS of $1.08, $0.11 better than the analyst estimate of $0.97. Revenue for the quarter came in at $1.21 billion versus the consensus estimate of $1.17 billion.

Fourth Quarter and Full Year 2019 Highlights:

Cash flow provided by operations for Q4 2019 was $573.3 million, up 80.5 percent from $317.7 million in Q4 2018.Cash flow provided by operations was $1,328.3 million for the twelve months ended December 31, 2019 a 107.5 percent increase from $640.1... More