earnings
confidence high
sentiment neutral
materiality 0.70
SS&C Q1 2023: Revenue $1.36B (+5.2%); GAAP EPS $0.49 (-23.4%); adj EPS $1.11 (-11.2%)
SS&C Technologies Holdings Inc
2023-Q1 EPS reported
$0.49
revenue$1,362,700,000
- Q1 GAAP revenue $1,362.7M (+5.2% YoY); diluted GAAP EPS $0.49 (-23.4%); adjusted diluted EPS $1.11 (-11.2%).
- Operating cash flow $254.8M, up 38.9% YoY; repurchased 2.3M shares for $134.7M.
- Net leverage ratio 3.38x; paid down $44.6M debt in Q1.
- FY2023 guidance: adj revenue $5,455M-$5,655M; adj EPS $4.67-$4.97; CFO $1,275M-$1,375M.
- CEO cites large outsourcing wins; Blue Prism digital workers goal of 1,300-2,700 FTEs.