SS&C Q3 Net Income Falls to $198.9 Million Despite Revenue Growth; Shares Drop 6.75% After Hours

SS&C Technologies Holdings Inc. (SSNC) reported lower third-quarter net income on Thursday, sending shares down 6.75% to $83.50 in after-hours Nasdaq trading. Net income declined to $198.9 million from $210.0 million a year earlier, while earnings per share held flat at $0.83. Total revenue rose to $1.690 billion from $1.568 billion, driven by higher technology-enabled services revenue. Operating income increased to $409.3 million from $365.7 million, and income before income taxes rose to $256.7 million from $253.9 million. For the first nine months of 2026, net income climbed to $659.8 million from $603.8 million, with EPS up to $2.71 from $2.39 and revenue reaching $5.03 billion. The company guided fourth-quarter adjusted revenue of $1.700 billion to $1.740 billion and adjusted EPS of $1.88 to $1.94, with full-year adjusted EPS projected at $7.11 to $7.17.