SS&C Technologies: 1Q Earnings Snapshot

WINDSOR, Conn. (AP) _ SS&C Technologies Holdings Inc. (SSNC) on Tuesday reported first-quarter earnings of $80.8 million.

On a per-share basis, the Windsor, Connecticut-based company said it had net income of 31 cents. Earnings, adjusted for one-time gains and costs, were 91 cents per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 88 cents per share.

The financial services software maker posted revenue of $1.14 billion in the period. Its adjusted revenue was $1.15 billion.

For the current quarter ending in July, SS&C Technologies said it expects revenue in the range of $1.14 billion to $1.17 billion.

The company expects full-year revenue in the range of $4.68 billion to $4.76 billion.

SS&C Technologies shares have risen 50% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $67.66, a climb of 36% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SSNC at https://www.zacks.com/ap/SSNC