earnings
confidence high
sentiment negative
materiality 0.70
SS&C Q2 GAAP EPS plummets 40.8%; adjusted EPS $1.10, revenue up 5.5%
SS&C Technologies Holdings Inc
2022-Q2 EPS reported
$1.06
revenue$2,623,700,000
- GAAP revenue $1,328.7M (+5.5%); GAAP diluted EPS $0.42 (-40.8% YoY).
- Adjusted diluted EPS $1.10 (-11.3% YoY); adjusted operating margin 34.2% (-510bp).
- Organic growth 2.2%; financial services organic growth 4.4% ex-healthcare (94% of rev).
- FY2022 adjusted EPS guidance $4.76-$4.90; Q3 adj. EPS $1.15-$1.21.
- Paid down $234.7M debt; net leverage 3.45x; completed MineralWare and O'Shares acquisitions.