SS&C Technologies Holdings (Nasdaq: SSNC ) reported earnings on Aug. 1. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended June 30 (Q2), SS&C Technologies Holdings met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue increased significantly. Non-GAAP earnings per share expanded significantly. GAAP earnings per share grew.
Gross margins dropped, operating margins grew, net margins grew.
SS&C Technologies Holdings notched revenue of $177.5 million. The seven analysts polled by S&P Capital IQ expected to see revenue of $177.1 million on the same basis. GAAP reported sales were 47% higher than the prior-year quarter's $120.9 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
EPS came in at $0.48. The seven earnings estimates compiled by S&P Capital IQ anticipated $0.45 per share. Non-GAAP EPS of $0.48 for Q2 were 45% higher than the prior-year quarter's $0.33 per share. GAAP EPS were $0.31 for Q2 compared to -$0.07 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
For the quarter, gross margin was 45.5%, 230 basis points worse than the prior-year quarter. Operating margin was 25.5%, 20 basis points better than the prior-year quarter. Net margin was 14.7%, much better than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $181.0 million. On the bottom line, the average EPS estimate is $0.48.
Next year's average estimate for revenue is $718.3 million. The average EPS estimate is $1.89.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 34 members out of 37 rating the stock outperform, and three members rating it underperform. Among 10 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), nine give SS&C Technologies Holdings a green thumbs-up, and one give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on SS&C Technologies Holdings is outperform, with an average price target of $33.20.
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