Tue, Mar 4, 11:10 AM (53 days ago)
**Abstract: SS&C Technologies Holdings, Inc. (SSNC) 10-K/A Amendment No. 1 Summary** SS&C Technologies Holdings, Inc. reported a robust fiscal performance for the year ended December 31, 2024, with total revenues of $5,882.0 million, up from $5,502.8 million in 2023. The net income attributable to SS&C stockholders increased to $760.5 million, reflecting a diluted earnings per share of $3.00. Operating expenses rose to $1,520.1 million, primarily due to increased selling, marketing, and research costs. The amendment corrects a typographical error regarding the signing date of the independent auditor's report from PricewaterhouseCoopers LLP, with no other financial data altered. The company maintains a strong financial condition, with total assets of $19,044.7 million and total liabilities of $12,435.6 million as of December 31, 2024. Strategic growth was bolstered by the acquisition of Battea-Class Action Services for $645.6 million, enhancing SS&C's market position in class action claim services. Future outlook remains positive, but risks include fluctuating interest rates and integration challenges from acquisitions. The company reported compliance with all financial covenants and effective internal controls over financial reporting.