Windsor financial software and services provider SS&C Technologies said it booked $26.9 million in the fourth quarter, driving its annual profit up 157 percent.
Profits amounted to 31 cents per diluted share, up from $16.1 million, or 19 cents per share in the final quarter of 2012.
The increase was largely due to higher revenue, which grew 6.2 percent to $182.5 million for the quarter.
For 2013, SS&C’s profits more than doubled to $117.9 million, or $1.38 per share — a record for the company.
Profits in 2012 were $45.8 million, or 55 cents per share.
ADVERTISEMENT
Read more
