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.
Due to the uncertainty caused by COVID-19, SS&C is withdrawing its quarterly and 2020 guidance and instead providing 2020 scenario analysis.
Visualization of income flow from segment revenue to net income
Analyze how earnings announcements historically affect stock price performance