secwatch.observer — SEC 8-K summary
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Issuer:     SS&C Technologies Holdings Inc (SSNC)
CIK:        0001402436
Form:       8-K
Filed at:   2024-07-25T23:59:59+00:00
Accession:  0000950170-24-086510
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SS&C Q2 revenue up 6.5% to $1.45B; adj. EPS $1.27 beats; $1B buyback authorized
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- GAAP revenue $1,451.5M (+6.5%); GAAP diluted EPS $0.75 (+47.1%).
- Adjusted diluted EPS $1.27 (+17.6%); adjusted EBITDA $558.9M (+11.2%); organic revenue +6.4%.
- Q2 share repurchases: 3.7M shares for $227M at avg $62.17; Board authorized new $1B repurchase program.
- Q3 guidance: adj. revenue $1,420-1,460M; adj. EPS $1.21-$1.27. FY guidance: adj. revenue $5,706-5,866M; adj. EPS $4.98-$5.22.
- Net leverage ratio 2.84x; net secured leverage 1.60x; cash $462.7M, gross debt $6,653.1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1402436/000095017024086510/0000950170-24-086510-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1402436/000095017024086510/ssnc-20240725.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-086510

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer