SS&C Guides Q4 Below Trend as Shares Slide 6.75% After Hours
SSNC sits 36% above its 52-week low of $61.401.
Summary
Q3 revenue rose to $1.690 billion from $1.568 billion, but net income fell to $198.9 million from $210.0 million and EPS was flat at $0.83. Operating income improved to $409.3 million from $365.7 million, so the profit decline came below the operating line, not from the core business. The stock is down $6.04, or 6.75%, to $83.50 after hours, which points to the guidance rather than the quarter itself. For Q4, SS&C guides adjusted revenue of $1.700-$1.740 billion and adjusted EPS of $1.88-$1.94; full-year 2026 adjusted EPS is guided to $7.11-$7.17. The Q4 revenue midpoint of $1.720 billion is only modestly above Q3's $1.690 billion, so the growth implied for the final quarter is thin.
At the time of this announcement, SSNC was trading at $83.29 on NASDAQ in the Technology sector, with a market capitalization of approximately $21B. The 52-week trading range was $61.40 to $89.93. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: dpa-AFX.