Ups And Downs In Channel Company Stocks For Q1 2017

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SS&C Technologies

CEO: William Stone

Dec. 30, 2016: $28.60

March 31, 2017: $35.40

Change: +23.78%

SS&C, No. 36 on the CRN Solution Provider 500, began 2017 fresh off its $88.5 million acquisition of Conifer Financial Services, a move the company said would allow it to provide a wider array of services to outsourced CIO portfolios.

In February SS&C reported that revenue for all of 2016 was $1.48 billion, up 48 percent from $1.00 billion in 2015. Net income soared more than three-fold to $131.0 million from $42.9 million in 2015.

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