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SS&C Technologies Releases Q4 and Full Year 2024 Earnings Results

1. Q4 2024 revenue rose 8.4% to $1,529.7 million. 2. GAAP diluted EPS increased by 27.3% to $0.98. 3. Organic revenue growth was 7.0% in Q4 2024. 4. Operating cash flow increased 14.3% year-over-year. 5. SS&C anticipates FY 2025 revenue of $6,085 million to $6,245 million.

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FAQ

Why Bullish?

Strong revenue and EPS growth positively reflects operational efficiency, similar to past performance in 2023.

How important is it?

Earnings reports directly influence stock performance, with significant improvements expected after positive financial metrics.

Why Short Term?

Immediate investor sentiment likely to improve due to quarterly results; similar patterns observed post-earnings releases.

Related Companies

SS&C Technologies Holdings, Inc. Reports Q4 2024 Financial Results

Q4 2024 GAAP revenue: $1,529.7 million, up 8.4%; Fully Diluted GAAP Earnings Per Share: $0.98, up 27.3%

Record Adjusted revenue: $1,530.7 million, up 8.4%; Adjusted Diluted Earnings Per Share: $1.58, up 25.4%

Financial Overview

WINDSOR, Conn., Feb. 6, 2025 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (NASDAQ: SSNC), a global provider of investment, financial and healthcare software and software-enabled services, today announced its financial results for the fourth quarter and full year ended December 31, 2024.

Three Months Ended December 31:

Twelve Months Ended December 31:

2024 2023 Change 2024 2023 Change
GAAP Results Revenue $1,529.7 $1,411.6 8.4% $5,882.0
Operating income $357.9 $334.2 7.1% $1,343.5
Diluted earnings per share $0.98 $0.77 27.3% $3.00

Adjusted Non-GAAP Results

Adjusted Revenue $1,530.7 $1,412.3 8.4% $5,885.7
Adjusted Diluted EPS $1.58 $1.26 25.4% $5.41

Management Commentary

"SS&C ended 2024 with 7.0% Q4 organic revenue growth and record adjusted consolidated EBITDA of $599 million," says Bill Stone, Chairman and Chief Executive Officer. "We continue to add to our capabilities, integrate our offerings, and unlock cross-sell benefits. Our wins—including lift-outs, geographic expansion, the Battea and FPS Trust acquisitions—span across the world and excite us about 2025."

Operating Cash Flow

SS&C generated net cash from operating activities of $1,388.6 million for the twelve months ended December 31, 2024, compared to $1,215.1 million for the same period in 2023, a 14.3% increase.

Guidance

Q1 2025
Adjusted Revenue ($M): $1,474.0 – $1,514.0

FY 2025
Adjusted Revenue ($M): $6,085.0 – $6,245.0

About SS&C Technologies

SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. More than 22,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale, and technology.

Follow SS&C on Twitter, LinkedIn, and Facebook.

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