SS&C Technologies Releases Q2 2019 Earnings

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Go back to SS&C Technologies Releases Q2 2019 Earnings

SS&C Technologies Holdings, Inc. (SSNC) PT Lowered to $67 at RBC Capital

July 30, 2019 6:32 AM EDT

RBC Capital analyst Daniel Perlin lowered the price target on SS&C Technologies Holdings, Inc. (NASDAQ: SSNC) to $67.00 (from $70.00) while maintaining a Outperform rating.

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SS&C Technologies (SSNC) Reports In-Line Q2 EPS; Offers Q3 & FY19 Revenue Guidance Below Consensus

July 29, 2019 4:17 PM EDT

SS&C Technologies (NASDAQ: SSNC) reported Q2 EPS of $0.91, in-line with the analyst estimate of $0.91. Revenue for the quarter came in at $1.16 billion versus the consensus estimate of $1.15 billion.

Adjusted consolidated EBITDA increased 53.6 percent to $448.2 million in Q2 2019. Adjusted consolidated EBITDA margin was 38.8 percent for the quarter.Cash flow provided by operations increased 248.0 percent to $416.6 million for the six... More