WINDSOR, Conn. (AP) — WINDSOR, Conn. (AP) — SS&C Technologies Holdings Inc. (SSNC) on Thursday reported fourth-quarter earnings of $248.2 million.
On a per-share basis, the Windsor, Connecticut-based company said it had net income of 98 cents. Earnings, adjusted for one-time gains and costs, were $1.58 per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.32 per share.
The financial services software maker posted revenue of $1.53 billion in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $1.48 billion.
For the year, the company reported profit of $760.5 million, or $3 per share. Revenue was reported as $5.89 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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