SS&C Technologies (SSNC), a provider of cloud-based software for financial service firms, late Monday posted Q3 earnings and revenue that beat Wall Street expectations, and shares rose in after-hours trading. The Windsor, Conn.-based company, whose shares have quintupled the past four years, said Q3 non-GAAP revenue rose 62% from the year-earlier quarter to $311.7 million from $192.6 million. Earnings per share minus items rose 11% to 68 cents
Monday morning’s rising stock market gave an outsized lift to some top-rated tech stocks. One of three techs returning to the IBD 50 list of top-rated growth stocks this week managed to buck Friday’s stock market selloff. SS&C Technologies Holdings (SSNC), a software maker for the financial services industry, lifted 0.6% for the day. But it and the other two were up notably in midday trading on the stock market today, SSNC by more than 1% while
One of three techs returning to the IBD 50 list of top-rated growth stocks this week managed to buck Friday’s stock market selloff. SS&C Technologies Holdings (SSNC), a software maker for the financial services industry, lifted 0.6% for the day. Meanwhile the sole two tech stocks on IBD Leaderboard gained against the tide too: Amazon.com (AMZN), which introduced new Fire tablets and TV set-top boxes Thursday, and cybersecurity provider Palo Alto