SS&C Technologies Holdings
The 10-second takeaway
For the quarter ended March 31 (Q1), SS&C Technologies Holdings missed slightly on revenue and met expectations on earnings per share.
Compared to the prior-year quarter, revenue improved and GAAP earnings per share grew significantly.
Gross margin was steady, operating margin dropped, and net margin expanded.
SS&C Technologies Holdings reported revenue of $93.7 million. The five analysts polled by S&P Capital IQ wanted to see revenue of $95.6 million on the same basis. GAAP-reported sales were 5.2% higher than the prior-year quarter's $89 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.28. The six earnings estimates compiled by S&P Capital IQ predicted $0.28 per share. GAAP EPS of $0.22 for Q1 were 83% higher than the prior-year quarter's $0.12 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 50%, about the same as the prior-year quarter. Operating margin was 23.6%, 240 basis points worse than the prior-year quarter. Net margin was 19.1%, 810 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $101.3 million. On the bottom line, the average EPS estimate is $0.30.
Next year's average estimate for revenue is $428.3 million. The average EPS estimate is $1.25.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 18 members rating the stock outperform and three members rating it underperform. Among four CAPS All-Star picks (recommendations by the highest-ranked CAPS members), all four give SS&C Technologies Holdings a green thumbs-up.
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 $25.
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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.