SS&C Technologies Turns To Profit In Q2 - Quick Facts

(RTTNews) - SS&C Technologies Holdings, Inc. (SSNC) reported second-quarter net income of $26.1 million compared to a net loss of $5.8 million last year. Earnings per share were $0.31 compared to a loss of $0.07 per share in the second quarter of 2012.

Adjusted net income for the second quarter of 2013 was $41.0 million or $0.48 per share. On average, seven analysts polled by Thomson Reuters expected the company to report profit per share of $0.45 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $177.5 million from $120.9 million a year ago. Analysts expected revenue of $177.15 million for the quarter.