Ss&C Technologies Holdings ( (SSNC) ) has released its Q1 earnings. Here is a breakdown of the information Ss&C Technologies Holdings presented to its investors.
SS&C Technologies Holdings, Inc. is a global provider of investment, financial, and healthcare software and software-enabled services, headquartered in Windsor, Connecticut, serving over 22,000 organizations worldwide.
In the first quarter of 2025, SS&C Technologies reported a notable increase in both revenue and earnings. The company’s GAAP revenue reached $1,513.9 million, marking a 5.5% increase from the previous year, while the fully diluted GAAP earnings per share rose by 35.5% to $0.84. Adjusted revenue also saw a similar increase, reaching $1,514.8 million, with adjusted diluted earnings per share climbing 8.3% to $1.44.
Key financial highlights for the quarter include a 5.5% growth in both GAAP and adjusted revenues, with a significant 50.8% increase in net cash from operating activities, amounting to $272.2 million. The company also repurchased 2.4 million shares for $206.9 million and reduced its debt by $155.0 million, resulting in a net leverage ratio of 2.74 times consolidated EBITDA. Additionally, SS&C’s adjusted consolidated EBITDA reached $591.9 million, a 6.3% increase from the previous year.
SS&C Technologies is optimistic about its growth prospects for 2025, as it plans to integrate AI and Quantum technologies into its offerings, anticipating significant transformations in the financial services and healthcare sectors. The company remains well-positioned to capitalize on these emerging trends, according to its management.
Looking ahead, SS&C Technologies has provided guidance for the second quarter and full year of 2025, projecting adjusted revenue between $1,489.0 million and $1,529.0 million for Q2, and between $6,118.0 million and $6,238.0 million for the full year. The company continues to focus on leveraging its investments and expanding its capabilities to meet the evolving needs of its global client base.