SS&C Technologies Reports Q3 2015 Results

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Go back to SS&C Technologies Reports Q3 2015 Results

SS&C Technologies (SSNC) Overcomes Negative FX Impact for 3Q Beat; Needham & Company Reiterates Buy

November 3, 2015 8:10 AM EST

Needham & Company reiterated a Buy rating on SS&C Technologies Holdings, Inc. (NASDAQ: SSNC), and raised the price target to $86.00 (from $76.00), following the company's 3Q earnings report. 3Q revenue rose 61.7% Y/Y to $311.4MM, slightly ahead of consensus ($308MM). FX negatively impacted revenue by 1.9% or $3.7MM. $0.68 in EPS came in well above... More

SS&C Technologies (SSNC) Tops Q3 EPS by 6c, Offers Q4 Guidance

November 2, 2015 4:17 PM EST

SS&C Technologies (NASDAQ: SSNC) reported Q3 EPS of $0.68, $0.06 better than the analyst estimate of $0.62. Revenue for the quarter came in at $280.9 million versus the consensus estimate of $307.89 million. Adjusted revenue was $311.4 million.

SS&C Technologies sees Q4 2015 revenue of $312-320 million, versus the... More