SS&C Technologies Holdings Inc

Strong Q3 performance + margin expansion (beat momentum) - Adjusted revenue $1.691B (+7.8% YOY); adjusted organic growth 5.2% (constant currency), driven by renewals, large deal implementation milestones, and market tailwinds. - Adjusted diluted EPS $1.78 (+14.8% YOY). - Record adjusted consolidated EBITDA $674.8M (+9%); adjusted EBITDA margin 39.9% (+40 bps)—notably continuing to expand as scale and productivity improve.

Cash generation + shareholder returns (dividend raise + buybacks) - Operating cash flow (9 months ended Sept 30, 2026): $1.216B (+10.4% YOY). - Q3 shareholder returns: $225M total ($154.8M buybacks: 1.9M shares + $70.5M dividends). - Dividend increased 11.1% in August to $1.20/share annually (signals confidence in consistent cash flow). - Management emphasis: they believe they can do buybacks, dividends, debt paydown, and acquisitions without having to choose.

FY2026 outlook raised (clear forecasts) - Q4 guidance: revenue $1.70B–$1.74B with ~4% organic growth at midpoint; adjusted net income $454M–$470M; adjusted diluted EPS $1.88–$1.94. - FY2026 guidance raised: revenue $6.736B–$6.776B with 5.5% organic growth at midpoint; adjusted net income $1.726B–$1.742B; adjusted diluted EPS $7.11–$7.17. - Profitability targets: ~10% EBITDA growth, +90 bps EBITDA margin expansion, and ~41% exiting EBITDA margin. - Key assumptions mentioned: interest rates assumed stable at current levels, effective tax rate ~22.5%, capex 4.4%–4.8% of revenue.