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Sep 30, 2021
SS&C Q3 2021 Earnings Report
SS&C's Q3 2021 earnings were released, showcasing revenue growth and increased profitability.
Key Takeaways
SS&C Technologies reported a strong Q3 2021 with a 9.7% increase in GAAP revenue and a 15.0% increase in GAAP earnings per share. Adjusted revenue grew by 9.5%, and adjusted EPS increased by 20.0%. The company also repurchased shares and paid down debt.
GAAP revenue increased by 9.7% to $1,264.4 million.
GAAP earnings per share rose by 15.0% to $0.69.
Adjusted revenue grew by 9.5% to $1,266.3 million.
Adjusted earnings per share increased by 20.0% to $1.32.
Revenue by Segment
Forward Guidance
SS&C provided guidance for Q4 2021 and Full Year 2021.
Positive Outlook
- Adjusted Revenue (Q4 2021): $1,225.0 – $1,275.0 million
- Adjusted Revenue (FY 2021): $4,988.0 – $5,038.0 million
- Adjusted Net Income attributable to SS&C (Q4 2021): $311.0 – $334.0 million
- Adjusted Net Income attributable to SS&C (FY 2021): $1,312.0 – $1,335.0 million
- Adjusted Diluted Earnings per Share attributable to SS&C: $1.17 – $1.25
Challenges Ahead
- Adjusted Diluted Earnings per Share attributable to SS&C (FY 2021): $4.92 – $4.99
- Cash from Operating Activities (FY 2021): $1,365.0 – $1,385.0 million
- Capital Expenditures (% of revenue): 2.6% – 3.0%
- Diluted Shares (Q4 2021): 266.2 – 266.7 million
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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