SS&C Technologies (SSNC) Tops Q4 EPS by 10c, Revenues Beat; Offers Q1 & FY19 Revenue Guidance

SS&C Technologies (NASDAQ: SSNC) reported Q4 EPS of $0.95, $0.10 better than the analyst estimate of $0.85. Revenue for the quarter came in at $1.13 billion versus the consensus estimate of $1.11 billion.

"SS&C Technologies finished 2018 strong, with total adjusted revenues of $3,478.7 million and adjusted diluted earnings per share of $2.92," says Bill Stone, Chairman and Chief Executive Officer. "We spent over $8 billion to acquire DST Systems, Eze Software, and Intralinks in 2018, and we are seeing success in both top line growth and margin improvement. Our core business remains strong, with solid organic revenue growth and margin expansion contributing to our earnings beat."

GUIDANCE:

SS&C Technologies sees Q1 2019 revenue of $1.132-1.162 billion, versus the consensus of $1.16 billion.

SS&C Technologies sees FY2019 revenue of $4.69-4.79 billion, versus the consensus of $4.73 billion.

For earnings history and earnings-related data on SS&C Technologies (SSNC) click here.

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