SS&C Technologies: 4Q Earnings Snapshot

WINDSOR, Conn. (AP) _ SS&C Technologies Holdings Inc. (SSNC) on Wednesday reported fourth-quarter earnings of $197.1 million.

On a per-share basis, the Windsor, Connecticut-based company said it had profit of 74 cents. Earnings, adjusted for one-time gains and costs, were $1.13 per share.

The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.05 per share.

The financial services software maker posted revenue of $1.2 billion in the period. Its adjusted revenue was $1.21 billion, which also beat Street forecasts. Seven analysts surveyed by Zacks expected $1.16 billion.

For the year, the company reported profit of $625.2 million, or $2.35 per share. Revenue was reported as $4.68 billion.

For the current quarter ending in April, SS&C Technologies expects its per-share earnings to range from $1.05 to $1.11.

The company said it expects revenue in the range of $1.16 billion to $1.2 billion for the fiscal first quarter.

SS&C Technologies expects full-year earnings in the range of $4.36 to $4.64 per share, with revenue ranging from $4.68 billion to $4.88 billion.

SS&C Technologies shares have decreased 6% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $68.38, a climb of nearly 7% 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