earnings
confidence high
sentiment positive
materiality 0.70
SS&C Q3 2023 GAAP rev $1.366B (+3.4%), adj EPS $1.17 (+1.7%)
SS&C Technologies Holdings Inc
2023-Q3 EPS reported
$1.62
revenue$4,091,200,000
- GAAP rev $1,365.9M (+3.4%), GAAP EPS $0.61 flat; adj rev $1,366.7M (+3.4%), adj EPS $1.17 (+1.7%).
- Adj consolidated EBITDA $533.9M (+6.4%), margin 39.1% (+110bps YoY); op cash flow 9M $826.7M (+8.1%).
- FY 2023 guidance: adj rev $5,463.5-5,503.5M; adj EPS $4.55-4.64; Q4 adj rev $1,370-1,410M; adj EPS $1.21-1.29.
- Net debt $6,565.1M; net leverage 3.18x; paid down $54.7M debt; repurchased 1.7M shares for $96.9M in Q3.
- Record financial services revenue retention 97.3%; digital worker initiative saved ~2,000 FTEs YTD.