Shares of SS&C Technologies Hldgs (NASDAQ:SSNC) increased in after-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share increased 14.56% year over year to $1.18, which beat the estimate of $1.10.
Revenue of $1,235,000,000 up by 4.84% year over year, which beat the estimate of $1,190,000,000.
Guidance
The upcoming fiscal year’s EPS expected to be between $4.54 and $4.76.
The upcoming fiscal year’s revenue expected to be between $4,825,000,000 and $4,965,000,000.
Details Of The Call
Date: Apr 26, 2021
Time: 05:00 PM
Price Action
Company’s 52-week high was at $74.29
Company’s 52-week low was at $50.07
Price action over last quarter: Up 6.41%
Company Profile
SS&C Technologies provides software products and software-enabled services to a variety of customers primarily in financial services but also healthcare firms. SS&C GlobeOp provides fund administration services to alternative and traditional asset managers. In addition, SS&C provides portfolio accounting, portfolio management, trading, banking/lending, and other software to asset managers, banks, and financial advisors. SS&C’s purchase of Intralinks makes it a leading player in Virtual Data Room solutions. With its purchase of DST Systems, SS&C gained a foothold in the healthcare industry with pharmacy health management solutions and medical claim administration services.
