SS&C Technologies has posted revenues of $120.9m for the second quarter of 2012, with an increase of 31.6% against $91.8m during the corresponding period last fiscal.
The US based financial technology provider’s GAAP operating income was $21.1m, down from $22.9m during the comparable period of 2011’s second quarter.
For the latest quarter period, its GAAP net loss stood at $5.8m compared to $13m during the same period earlier year.
On a GAAP fully diluted basis, loss per share in the second quarter was $0.07 against f$0.16 in the second quarter of 2011.
Adjusted revenue in the second quarter of 2012 stood at $121.2m versus $91.8m during the second three months of last year, an increase of 32%.
Adjusted operating income was $45.9m with an increase of 28% compared to $35.8m in the second quarter of 2011.
SS&C Technologies chairman and chief executive officer Bill Stone said, "We began the quarter with 1,492 personnel and ended with 4,034."
"Organic adjusted revenue rose 3.4% as we overcame some customer attrition and the daily focus on the two large acquisitions."