SS&C Technologies Releases Q4 and Full Year 2020 Earnings Results
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SS&C Technologies (SSNC) Tops Q4 EPS by 8c, Revenues Beat; Offers 1Q & FY21 EPS/Revenue Guidance
February 10, 2021 4:11 PM ESTSS&C Technologies (NASDAQ: SSNC) reported Q4 EPS of $1.13, $0.08 better than the analyst estimate of $1.05. Revenue for the quarter came in at $1.21 billion versus the consensus estimate of $1.16 billion.
Fourth Quarter and Full Year 2020 Highlights:
SS&C generated net cash from operating activities of $1,184.7 million for the twelve months ended December 31, 2020.We paid down $738.2 million in debt in 2020 to bring our net leverage ratio and net secured leverage ratio to 3.39 times and 2.31 times consolidated EBITDA, respectively.Repurchased 3.7 million shares of common stock in 2020 at an average price of $60.99 per... More