SunGard Data Systems Inc. of Wayne gained some major clients during the second quarter and company executives remain upbeat about the firm’s investments and potential growth.

“Our second quarter results reflect some encouraging trends and the investments we’re making in sales capacity, new product development and the infrastructure to support faster services growth,” said Russ Fradin, president and chief executive officer.

“On the revenue front, we’re pleased with the growth in our recurring revenue base as well as the increase in professional services revenue over the past several quarters. We were, however, disappointed in the relatively low level of software license fees, largely due to the timing of renewals which tend to vary from quarter to quarter. Overall, the market continues to be receptive to our new product introductions and our expanded managed services offerings, as evidenced by the trend towards higher recurring revenue. I’m confident we’re making the right investments to deliver long-term growth and create greater value for our clients.”

Second quarter revenue was a flat $673 million.  Adjusted EBITDA was $159 million, down 12 percent year over year, and the adjusted EBITDA margin was 23.7 percent, down 3.3 points year over year.  Year to date, revenue was $1.3 billion, up 1 percent from last year.  So far this year the company has an operating loss of $212 million.

The full financial picture is here.

The company is also reporting its Front Arena was selected by one of Germany’s oldest private banks in a 10-year deal and by a major U.S. financial and insurance firm; that Omni was selected by a leading investment services firm in Saudi Arabia; that Quantum Treasury was selected by a global medical equipment firm; and that Aligne was chosen by a top European gas trading company.

Public Sector and Education revenue was $55 million in the second quarter, up 6 percent year over year.  The firm made some notable deals in the second quarter.  Its ONESolution was selected by county governments in California and Kansas, as well as a public agency overseeing regional transportation infrastructure in New York.

SunGard employs nearly 13,000 people who serve 16,000 customers in 100 countries.  The firm says it has annual revenue of about $2.8 billion.