SS&C Q2 GAAP EPS $0.71 (+10.9%), adjusted EPS $1.24 (+19.2%); authorizes $1B stock buyback

SS&C Technologies Holdings Inc

2021-Q2 EPS reported $1.36 revenue$2,492,400,000

Revenue $1,259M (+10.6% GAAP); adjusted revenue $1,261M (+10.5%); organic growth 7.2%.
Record adjusted consolidated EBITDA $511.1M; operating cash flow $562.3M YTD.
Board authorized $1B share repurchase program, a $250M increase from prior.
Q2 repurchased 2.0M shares at avg $73.44 for $143.6M; net leverage 3.12x.
Q3 guidance: adj. rev $1,205-1,245M; adj. EPS $1.15-1.21; FY adj. EPS $4.70-4.82.

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