WINDSOR, Conn. (AP) — WINDSOR, Conn. (AP) — SS&C Technologies Holdings Inc. (SSNC) on Thursday reported third-quarter net income of $164.4 million.
On a per-share basis, the Windsor, Connecticut-based company said it had net income of 65 cents. Earnings, adjusted for one-time gains and costs, came to $1.29 per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.26 per share.
The financial services software maker posted revenue of $1.47 billion in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $1.44 billion.
For the current quarter ending in December, SS&C Technologies expects its per-share earnings to range from $1.29 to $1.35.
The company said it expects revenue in the range of $1.46 billion to $1.5 billion for the fiscal fourth quarter.
SS&C Technologies expects full-year earnings in the range of $5.12 to $5.18 per share, with revenue ranging from $5.82 billion to $5.86 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SSNC at https://www.zacks.com/ap/SSNC
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