SS&C reports Q3 non-GAAP EPS $1.17, consensus $1.17

Reports Q3 revenue $1.37B, consensus $1.38B. “SS&C delivered strong margins for Q3 2023, with adjusted consolidated EBITDA margins up 230 basis points sequentially and 110 basis points year over year,” says CEO Bill Stone. “Our digital worker initiative is a large part of this margin expansion, as we have seen a 2,000 FTE headcount benefit year to date. We have hit our 2023 target for digital workers, and believe there is more runway ahead.”