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SS&C
🇺🇸 NASDAQ:SSNC
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•
Jun 30, 2020

SS&C Q2 2020 Earnings Report

SS&C Technologies reported mixed results for Q2 2020. While GAAP EPS increased significantly, revenue saw a slight decrease.

Key Takeaways

SS&C Technologies reported GAAP revenue of $1,138.1 million, a decrease of 0.9% compared to the same quarter last year. Fully diluted GAAP earnings per share increased by 42.2% to $0.64. The company also announced the renewal and increase of its common stock repurchase program to $750 million.

GAAP revenue decreased by 0.9% to $1,138.1 million.

Fully diluted GAAP earnings per share increased by 42.2% to $0.64.

Adjusted diluted earnings per share increased by 14.3% to $1.04.

The company renewed and increased its stock repurchase program to $750 million.

Total Revenue
$1.14B
Previous year: $1.16B
-1.3%
EPS
$1.04
Previous year: $0.91
+14.3%
Operating margin
21.2%
Adjusted EBITDA margin
39.3%
Gross Profit
$511M
Previous year: $499M
+2.5%
Cash and Equivalents
$262M
Previous year: $131M
+99.5%
Free Cash Flow
$401M
Previous year: $269M
+49.2%
Total Assets
$15.6B
Previous year: $16.1B
-3.5%

SS&C

SS&C

SS&C Revenue by Segment

Forward Guidance

Due to the uncertainty caused by COVID-19, SS&C Technologies has withdrawn its quarterly and 2020 guidance, instead providing 2020 scenario analysis.

Revenue & Expenses

Visualization of income flow from segment revenue to net income

Company Overview

Full financial data and analysis

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