earnings
confidence high
sentiment neutral
materiality 0.75
SS&C Q2 revenue up 2.6% to $1.36B, GAAP EPS $0.51; announces $1B buyback, new CFO
SS&C Technologies Holdings Inc
2023-Q2 EPS reported
$1.00
revenue$2,725,300,000
- Q2 GAAP revenue $1,362.6M (+2.6% YoY), GAAP diluted EPS $0.51 (+21.4%), adjusted diluted EPS $1.08 (-1.8%).
- Board renewed $1B stock repurchase program, valid for one year, repurchases via open market or Rule 10b5-1 plan.
- Appointed Brian Schell as CFO, effective August 7, 2023.
- Q3 2023 adjusted revenue guidance $1,355-$1,395M; FY 2023 adjusted EPS guidance $4.57-$4.77.
- H1 2023 net cash from operations $584.2M (+30.5% YoY); net leverage ratio 3.27x.