SS&C Technologies Holdings Inc. drove third-quarter revenues higher, but the Windsor financial software as services vendor’s net profits flowed red.
For three months ended Sept. 30, SS&C said it booked a net loss on generally accepted accounting principles (GAAP) of $34.6 million, or 36 cents a diluted share. That compares to year-earlier net income of $40.8 million, or 47 cents a diluted share.
Third-quarter revenues climbed 61 percent to $280.9 million vs. $192.6 million a year ago.
Separately, SS&C announced that Chairman William C. “Bill” Stone has been invited to ring Wednesday’s opening bell at from 9 a.m. to 9:30 a.m. at the Nasdaq MarketSite in New York’s Times Square.
