SS&C Technologies: Q3 Earnings Snapshot

WINDSOR, Conn. (AP) — WINDSOR, Conn. (AP) — SS&C Technologies Holdings Inc. (SSNC) on Thursday reported third-quarter net income of $198.9 million.

The Windsor, Connecticut-based company said it had profit of 83 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.78 per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.77 per share.

The financial services software maker posted revenue of $1.69 billion in the period, which met Street forecasts.

For the current quarter ending in December, SS&C Technologies expects its per-share earnings to range from $1.88 to $1.94.

The company said it expects revenue in the range of $1.7 billion to $1.74 billion for the fiscal fourth quarter.

SS&C Technologies expects full-year earnings in the range of $7.11 to $7.17 per share, with revenue ranging from $6.74 billion to $6.78 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