WINDSOR, Conn. (AP) — WINDSOR, Conn. (AP) — SS&C Technologies Holdings Inc. (SSNC) on Thursday reported first-quarter profit of $157.6 million.
The Windsor, Connecticut-based company said it had net income of 62 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.28 per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.22 per share.
The financial services software maker posted revenue of $1.44 billion in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $1.42 billion.
For the current quarter ending in June, SS&C Technologies expects its per-share earnings to range from $1.16 to $1.22.
The company said it expects revenue in the range of $1.41 billion to $1.45 billion for the fiscal second quarter.
SS&C Technologies expects full-year earnings in the range of $4.93 to $5.17 per share, with revenue ranging from $5.69 billion to $5.85 billion.
_____
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