Broadridge Financial: Fiscal Q4 Earnings Snapshot
Summary by The Standard-Journal
4 Articles
4 Articles
Broadridge Revenues Rise 6% in Q4
The financial technology firm reported its Q4 results after the close on Tuesday. Recurring revenues grew 7% year-on-year to $1.42 billion, driven by new business and internal growth. Operating income rose 13% to $499 million, with the margin increasing to 24.1% from 22.7% a year earlier. Net earnings climbed 16% to $374 million. Adjusted earnings per share edged 1% higher to $3.55. However, adjusted operating income decreased by $2 million t…
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