SS&C Technologies Releases Q3 2019 Earnings

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Go back to SS&C Technologies Releases Q3 2019 Earnings

SS&C Technologies (SSNC) Tops Q3 EPS by 4c, Revenues Beat; Offers Q4 & FY19 Revenue Guidance

October 31, 2019 4:08 PM EDT

SS&C Technologies (NASDAQ: SSNC) reported Q3 EPS of $0.93, $0.04 better than the analyst estimate of $0.89. Revenue for the quarter came in at $1.15 billion versus the consensus estimate of $1.14 billion.

Third Quarter Highlights:

Cash flow provided by operations was $755.0 million for the nine months ended September 30, 2019, an increase of $432.6 million, or 134.2 percent, from $322.4 million for the nine months ended September 30, 2018.Paid down $629.1 million... More