Earnings Call Summary | SS&C Technologies(SSNC.US) Q1 2024 Earnings Conference
Earnings Call Summary | SS&C Technologies(SSNC.US) Q1 2024 Earnings Conference
The following is a summary of the SS&C Technologies Holdings, Inc. (SSNC) Q1 2024 Earnings Call Transcript:
以下是SS&C Technologies Holdings, Inc.（SSNC）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
SS&C Technologies reported Q1 2024 adjusted revenue of $1,435.8 million, up 5.3% from the previous year.
Adjusted diluted earnings per share were $1.28, a 12.3% increase.
The company generated a record Q1 adjusted EBITDA of $556.8 million, and the EBITDA margin was at 38.8%.
4.7% adjusted organic revenue growth was reported for the quarter.
A total of $180.5 million was generated from operating revenue for the three months ending March 31, 2024.
SS&C significantly reduced its debt, paying down $79.9 million in Q1 2024, which resulted in a net leverage ratio of 2.95 times and the net secured leverage ratio of 2.02 times.
SS&C Technologies報告稱，2024年第一季度調整後的收入爲14.358億美元，比上年增長5.3％。
調整後的攤薄後每股收益爲1.28美元，增長12.3％。
該公司第一季度調整後的息稅折舊攤銷前利潤創下了創紀錄的5.568億美元，息稅折舊攤銷前利潤率爲38.8％。
本季度報告調整後的有機收入增長4.7％。
截至2024年3月31日的三個月中，總共產生了1.805億美元的營業收入。
SS&C大幅減少了債務，在2024年第一季度償還了7,990萬美元，淨槓桿率爲2.95倍，淨有擔保槓桿率爲2.02倍。
Business Progress:
業務進展：
The Q1 revenue acceleration was driven by company's alternatives, retirement intralinks, and ALPS Advisor businesses.
The company bought back 800,000 shares for $52.9 million at an average price of $63.24.
SS&C continues to realize efficiency through the deployment of Blue Prism digital workforce, which significantly contributed to EBITDA margin increase.
Notable business restructuring includes combining Institutional & Investment Management with wealth and investment technologies for enterprise solution, as well as merging retirement business with global investor and distribution solutions.
Investment in AI and automation technology, notably through Blue Prism, help optimize costs and improve offerings.
SS&C forecasts a strong cash flow between $1.302 and $1.382 billion for 2024, supported by Q1 results and a positive outlook for the year.
The company's disciplined approach to cost control is expected to contribute to continued margin expansion throughout the year.
ST&C Technologies sees potential in the healthcare sector, particularly with Change Health Care, for further business growth and revenue.
第一季度收入加速是由公司的替代方案、退休內部鏈接和阿爾卑斯顧問業務推動的。
該公司以5,290萬美元的價格回購了80萬股股票，平均價格爲63.24美元。
SS&C繼續通過部署Blue Prism數字化員工隊伍來提高效率，這爲息稅折舊攤銷前利潤率的增長做出了重大貢獻。
值得注意的業務重組包括將機構和投資管理與企業解決方案的財富和投資技術相結合，以及將退休業務與全球投資者和分銷解決方案合併。
對人工智能和自動化技術的投資，尤其是通過Blue Prism進行投資，有助於優化成本和改善產品。
SS&C預測，在第一季度業績和今年樂觀前景的支持下，2024年的強勁現金流將在13.02億美元至13.82億美元之間。
該公司嚴格的成本控制方法預計將有助於全年利潤率的持續增長。
ST&C Technologies認爲，醫療保健行業有進一步業務增長和收入的潛力，尤其是Change Health Care的潛力。
More details: SS&C Technologies IR
更多詳情： SS&C Technologies
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。