WINDSOR, Conn. - SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) reported first quarter 2025 results that beat earnings expectations but fell short on revenue, while issuing guidance below analyst estimates. Shares of the investment and financial software provider slipped 1.9% following the announcement.
For Q1, SS&C posted adjusted earnings per share of $1.44, surpassing the analyst consensus of $1.41. However, revenue of $1.51 billion missed expectations of $1.52 billion, despite growing 5.5% YoY.
The company’s Q2 2025 outlook disappointed investors, with projected EPS of $1.35-$1.41 below the $1.42 consensus. Revenue guidance of $1.489-1.529 billion also fell short of the $1.534 billion analysts expected.
For the full year 2025, SS&C forecasts EPS of $5.68-$6.00 and revenue of $6.118-6.238 billion. The midpoints of both ranges are below current Wall Street estimates.
"SS&C reported adjusted revenues of $1,514.8 million and adjusted consolidated EBITDA of $591.9 million, both of which are first quarter record results," said Bill Stone, Chairman and CEO. "We are leveraging our investments and expanding our capabilities to meet the needs of our global client base."
The company generated $272.2 million in operating cash flow during Q1, up 50.8% from the same period last year. SS&C also repurchased 2.4 million shares for $206.9 million and paid down $155 million in debt, bringing its net leverage ratio to 2.74 times consolidated EBITDA.
While SS&C’s Q1 performance showed some strength, the cautious outlook appears to have tempered investor enthusiasm, as reflected in the modest stock price decline following the earnings release.
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