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SS&C’s 1Q public debut is profitable

SS&C Technologies Holdings Inc. earned $9 million in the first quarter, the first Windsor financial-services software developer’s first as a public company.

SS&C’s earning in the three months ended march 31 rose 131 percent from $5.1 million earned the same period last year. Per share, the company earned 14 cents in the latest quarter vs. 6 cents a year ago.

Revenues climbed 23 percent to $78.2 million from $63.7 million a year ago.

SS&C’s full-year outlook is for revenues in the range of $324 million to $328 million and adjusted net income in the range of $62 million to $63 million.

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The company, which provides financial software and back-office servies, completed its initial public offering in March.

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