SS&C’s (NASDAQ:SSNC) Q1 Sales Beat Estimates But Quarterly Revenue Guidance Slightly Misses Expectations
From Barchart: 2025-04-24 17:06:00
SS&C Technologies (NASDAQ:SSNC) reported Q1 CY2025 results, beating revenue expectations with sales up 5.4% to $1.51 billion. However, next quarter’s revenue guidance of $1.51 billion was 1.4% below analysts’ estimates. Non-GAAP profit was $1.44 per share, 2.4% above estimates. Revenue guidance for the full year was slightly raised to $6.18 billion, with adjusted EPS guidance at $5.84. SS&C’s Q1 performance included record revenue and EBITDA results. The company provides software and services to automate business processes in financial and healthcare sectors. It faces challenges from data privacy regulations and cyber threats. Stock traded down 1.8% post-results, offering a potential buying opportunity.
Read more at Barchart: SS&C’s (NASDAQ:SSNC) Q1 Sales Beat Estimates But Quarterly Revenue Guidance Slightly Misses Expectations