SS&C Technologies Holdings Earnings: Everything You Must Know Now

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.

SS&C Technologies Holdings, Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 45.45% to $0.48 in the quarter versus EPS of $0.33 in the year-earlier quarter.

Revenue: Rose 46.88% to $177.5 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: SS&C Technologies Holdings, Inc. reported adjusted EPS income of $0.48 per share. By that measure, the company beat the mean analyst estimate of $0.45. It beat the average revenue estimate of $177.15 million.

Quoting Management: “Our second quarter results are further evidence that our business strategy is on target and our software-enabled services business continues to drive growth, with software-enabled services revenue up 62.6 percent over the same period in 2012,” said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies Holdings, Inc. “We are building world-class systems and processes and integrating them with subject matter expertise. Our Regulatory Solutions Group which was formed 1 year ago recently signed its 100th customer. We intend to be the thought leader and customer service leader. New capabilities in trading, risk, investor communications, and asset coverage will cement our leadership position.”

Key Stats (on next page)…

Revenue increased 2.47% from $173.22 million in the previous quarter. EPS increased 6.67% from $0.45 in the previous quarter.

Looking Forward: Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.47 and has not changed. For the current year, the average estimate has moved up from a profit of $1.85 to a profit of $1.87 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)