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Sep 30, 2020

SS&C Q3 2020 Earnings Report

SS&C Technologies reported an increase in revenue and earnings per share for the third quarter of 2020.

Key Takeaways

SS&C Technologies announced its Q3 2020 financial results, with GAAP revenue reaching $1,152.8 million, up 0.8% year-over-year, and GAAP earnings per share increasing by 66.7% to $0.60. Adjusted revenue grew by 0.5% to $1,156.2 million, and adjusted earnings per share rose by 18.3% to $1.10.

GAAP revenue increased by 0.8% to $1,152.8 million.

GAAP earnings per share rose significantly by 66.7% to $0.60.

Adjusted revenue saw a growth of 0.5% to $1,156.2 million.

Adjusted earnings per share increased by 18.3% to $1.10.

Total Revenue
$1.16B
Previous year: $1.15B
+0.4%
EPS
$1.1
Previous year: $0.93
+18.3%
Operating margin
22.3%
Previous year: 19.9%
+12.1%
Adjusted EBITDA margin
40.3%
Previous year: 38.7%
+4.1%
Gross Profit
$524M
Previous year: $502M
+4.5%
Cash and Equivalents
$185M
Previous year: $158M
+17.1%
Free Cash Flow
$190M
Previous year: $317M
-40.1%
Total Assets
$15.5B
Previous year: $15.9B
-2.9%

SS&C

SS&C

SS&C Revenue by Segment

Forward Guidance

Due to the uncertainty caused by the global pandemic, SS&C has withdrawn its quarterly and 2020 guidance. The company is providing a 2020 scenario analysis based on a number of assumptions, which can be found in their Q3 2020 earnings results slides at investor.ssctech.com.

Revenue & Expenses

Visualization of income flow from segment revenue to net income