February 16, 2018

SS&C's 4Q net up 190%

LoopNet.com
LoopNet.com
SS&C's Windsor headquarters.

Windsor's SS&C Technologies nearly tripled its fourth-quarter net on higher revenues for its digital financial-technology services.

For three months ended Dec. 31, SS&C posted generally accepted accounting principles (GAAP) net income of $165.3 million, or 77 cents a share, vs $57 million, or 28 cents a share, netted the same quarter a year ago.

Fourth-quarter revenues were $438.4 million vs. $400.9 million a year earlier.

For 2017, SS&C had GAAP net of $328.9 million, or $1.55 a share, vs $131 million, or 64 cents a share, netted in 2016.

Full-year revenues were $1.7 billion vs. $1.5 billion in 2016

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