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Mar 31, 2020
SS&C Q1 2020 Earnings Report
SS&C Technologies reported an increase in revenue and earnings per share for Q1 2020, but withdrew its quarterly and 2020 guidance due to COVID-19 uncertainty.
Key Takeaways
SS&C Technologies reported a 3.2% increase in GAAP revenue to $1,173.6 million and a 19.4% increase in fully diluted GAAP earnings per share to $0.37 for the first quarter of 2020. However, due to the uncertainty caused by COVID-19, the company withdrew its quarterly and 2020 guidance.
GAAP revenue increased by 3.2% to $1,173.6 million.
Fully diluted GAAP earnings per share increased by 19.4% to $0.37.
Adjusted revenue increased by 2.4% to $1,178.0 million.
Adjusted diluted earnings per share increased by 13.2% to $1.03.
SS&C
SS&C
SS&C Revenue by Segment
Forward Guidance
Due to the uncertainty caused by COVID-19, SS&C is withdrawing its quarterly and 2020 guidance and instead providing 2020 scenario analysis.
Revenue & Expenses
Visualization of income flow from segment revenue to net income