Broadridge Financial

Broadridge Financial Solutions, Inc. engages in the provision of investor communications and technology solutions to banks, broker-dealers, mutual funds, and corporate issuers. It operates through the following segments: Investor Communication Solutions and Global Technology and Operations. The Investor Communication Solutions segment offers services for broker-dealer investor communication, customer communication, corporate issuer, advisor solutions, and mutual fund and retirement solutions. The Global Technology and Operations segment includes middle and back-office securities processing solutions, automation services, and business process outsourcing services. The company was founded in 1962 and is headquartered in Lake Success, NY.

Earnings data Q3 2021

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Broadridge reports strong Q1 earnings, eyes organic growth opportunities

Broadridge's Q1 2023 earnings call showcased strong financial performance, with a focus on recurring revenue growth and margin expansion. The company is confident in its ability to deliver another strong year in fiscal '23, despite challenges in new bookings and closed sales expectations. Broadridge remains well-positioned to capitalize on opportunities in foundational technology and organic revenue growth.

Broadridge Financial reports strong Q2 earnings, eyes growth opportunities

Broadridge Financial's Q2 performance was robust, showcasing growth in key segments and reaffirming full-year guidance. Despite challenges like decelerating growth and potential macro headwinds, the company remains optimistic about sustaining growth targets and leveraging opportunities for further expansion.

Broadridge Financial excels in Q3, poised for sustained growth

Broadridge Financial delivered a strong Q3 performance with growth across key segments and expects steady top and bottom-line growth in the fourth quarter. The company is on track to meet or exceed its 3-year financial objectives, with a focus on enhancing free cash flow conversion and capital allocation strategies.

Broadridge Financial exceeds Q4 expectations, eyes growth opportunities in M&A

Broadridge Financial reported strong Q4 results, met or exceeded financial objectives, and announced plans for dividend increase, share repurchases, and potential M&A. The company expects mid- to high single-digit recurring revenue growth, margin expansion, and strong adjusted EPS growth in fiscal '24. Challenges include sales visibility uncertainties and managing sales timing.

Broadridge Financial reports strong Q1 performance and outlines growth strategies

Broadridge Financial's Q1 2024 showcased robust financial performance and strategic initiatives for growth and margin expansion.
The company's strengths in modernizing investing, disciplined financial management, and competitive positioning bode well for future prospects.
While facing challenges in earnings impact and market competition, Broadridge eyes opportunities in debt reduction, strategic investments, and shareholder value creation.

Broadridge Financial reports strong Q2 results, eyes growth opportunities

Broadridge Financial's Q2 performance reflects a solid foundation for future growth, supported by strong revenue growth and a clear strategic vision. While facing challenges in customization and integration, the company's focus on innovation and client engagement positions it well for success. With a robust pipeline and confidence in meeting financial objectives, Broadridge is poised for continued growth and market leadership.

Broadridge Financial reports strong Q3 performance and growth outlook

Broadridge Financial's Q3 performance reflects solid growth in recurring revenue and adjusted EPS.
Despite challenges in regulatory communications timing, the company remains focused on growth and shareholder engagement.
Management's strategic focus on addressing client needs and enhancing digital capabilities positions Broadridge for long-term success.
Anticipated revenue growth and strong performance outlook indicate a positive trajectory for Broadridge Financial.

Broadridge posts record sales and dividend increase, eyes growth opportunities

Broadridge Financial's Q4 2024 performance reflects strong sales growth, financial stability, and shareholder value creation through dividends and buybacks.
The company's strategic focus on digitization, governance, and market expansion positions it well for sustained growth and profitability.
While facing challenges in maintaining growth targets, Broadridge has opportunities to leverage its strengths in technology, acquisitions, and market trends.

Broadridge Financial reports solid Q1 results, raises revenue guidance

Broadridge Financial delivered a strong performance in Q1 2025, with growth in governance and capital markets revenue. Despite challenges in Wealth and Investment Management, the company remains optimistic about the SIS acquisition and raised revenue guidance. The outlook for the year includes solid sales activity and confidence in revenue growth.

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Broadridge Financial Solutions, Inc. (NYSE:BR ) Q2 2023 Earnings Conference Call February 2, 2023 8:30 AM ET Company Participants Edings Thibault - Head of IR Timothy Gokey - CEO Edmund Reese - CFO Conference Call Participants David Togut - Evercore ISI Peter Heckmann - D.A. Davidson Darrin Peller - Wolfe Research James Faucette - Morgan Stanley Puneet Jain - JPMorgan Operator Good day, and welcome to the Broadridge Fiscal Second Quarter 2023 Earnings Conference Call.

Broadridge Financial Solutions, Inc. (BR) Q2 2023 Earnings Call Transcript

Recurring revenues grew 6%; up 8% constant currency Diluted EPS grew 20% and Adjusted EPS grew 11% Reaffirming Fiscal Year 2023 Guidance, including 6 - 9% Recurring revenue growth constant currency and 7 - 11% Adjusted EPS growth NEW YORK , Feb. 2, 2023 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) today reported financial results for the second quarter ended December 31, 2022 of its fiscal year 2023. Results compared with the same period last year were as follows:   Summary Financial Results Second Quarter Six Months Dollars in millions, except per share data 2023 2022 Change 2023 2022 Change Recurring revenues $840 $793 6 % $1,646 $1,543 7 %      Constant currency growth - Non-GAAP 8 % 9 % Total revenues $1,293 $1,260 3 % $2,576 $2,452 5 % Operating income $108 $69 57 % $195 $172 14 %      Margin 8.3 % 5.5 % 7.6 % 7.0 % Adjusted Operating income - Non-GAAP $173 $141 23 % $323 $318 2 %      Margin - Non-GAAP 13.4 % 11.2 % 12.5 % 12.9 % Diluted EPS $0.48 $0.40 20 % $0.91 $0.97 (6 %) Adjusted EPS - Non-GAAP $0.91 $0.82 11 % $1.75 $1.89 (7 %) Closed sales $65 $82 (20 %) $94 $112 (16 %) "Broadridge delivered strong results in the second quarter," said Tim Gokey, Broadridge's CEO.

Broadridge Reports Second Quarter Fiscal 2023 Results

NEW YORK , Feb. 1, 2023 /PRNewswire/ -- FORTUNE® magazine has again named Broadridge Financial Solutions, Inc. (NYSE:BR) to its list of the World's Most Admired Companies in the financial data services industry. The FORTUNE list, considered one of the leading measures of corporate reputation among the world's largest companies, rates firms on a range of criteria from investment value to global competitiveness and innovation.

Broadridge Among FORTUNE Magazine's 2023 'World's Most Admired Companies'

Broadridge's (BR) second-quarter fiscal 2023 earnings and revenues are expected to have increased year over year.

Is a Beat in the Cards for Broadridge (BR) in Q2 Earnings?

NEW YORK , Jan. 26, 2023 /PRNewswire/ -- Amid an environment where asset management firms are increasingly collaborating with digital platforms to help efficiently launch new product offerings and de-risk entry into new markets, FLX Networks, which modernizes, simplifies, and drives engagement between asset managers and financial advisors, has partnered with global Fintech leader Broadridge Financial Solutions, Inc. (NYSE: BR) as a preferred data and analytics provider to asset management firms. "Broadridge's analytics capabilities add powerful insights to guide targeted distribution and product strategies, allowing FLX to deliver a comprehensive data and analytics-enabled offering," said Brian Moran, FLX founder and CEO.

FLX Networks Partners with Broadridge Data and Analytics to Help Power Distribution Solutions for Asset Managers

57% of firms see digital transformation as their most important strategic priority NEW YORK , Jan. 25, 2023 /PRNewswire/ -- A majority of financial services firms now view digital transformation as essential to their business and are already looking to the next wave of technology to help get ahead, according to a new report by Broadridge Financial Solutions, Inc. (NYSE:BR). In the 2023 Digital Transformation and Next-Gen Tech study of 500 C-suite executives and their direct reports across the buy side and sell side globally, 71% said artificial intelligence (AI) is now significantly changing the way they work, and 60% agree that within ten years, blockchain and distributed ledger technology (DLT) will become the core of financial markets infrastructure.

Financial Firms Scaled Investments in Next-Gen Tech in 2022, Signaling New Phase of Digital Transformation

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Benchmark company ESG practices vs. peers and industry  through ESG Analyzer's dashboard NEW YORK , Jan. 23, 2023 /PRNewswire/ -- A company's Environmental, Social and Governance (ESG) practices and their associated ratings have become important elements of a company's reputation and crucial measurements for management, board members, investors, analysts, regulators, customers and employees.

ESG Disclosure, Data Analytics and Benchmarking Made Simple by New Broadridge Tool - ESG Analyzer

NEW YORK , Jan. 20, 2023 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) is scheduled to release its financial results for the second quarter of fiscal year 2023 on Thursday, February 2, 2023. Broadridge will host a webcast and conference call to discuss those results at 8:30 a.m.

Broadridge Schedules Webcast and Conference Call to Review Second Quarter Fiscal Year 2023 Results on February 2, 2023

IG Wealth Management will leverage Broadridge's R.Broker solution to optimize advisor team productivity and enrich client experience NEW YORK and TORONTO , Jan. 18, 2023 /PRNewswire/ -- As the wealth management industry furthers its digital transformation journey, global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE: BR), today announced IG Wealth Management ("IG"), part of the IGM Financial Inc. (IGM) (TSX: IGM) family of companies, has signed a multi-year contract extension to IG's use of Broadridge's R.Broker solution, a component of the Broadridge Wealth Platform. "Building on a successful five-year partnership, Broadridge is thrilled to expand our relationship with a company that shares our commitment to digital transformation," said Karin Yorfido, General Manager, Global Technology and Operations Canada, at Broadridge.

Broadridge Extends Digital Wealth Platform Partnership with IGM Financial

Aspire Leaderboard placements highlight Broadridge's strength in omni-channel communications, digital transformation, and consultative client approach NEW YORK , Jan. 17, 2023 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, announces it has been recognized as a leading communications and customer experience services provider in the 2023 Customer Communications Management (CCM) to Customer Experience Management (CXM) Aspire Leaderboard™. Broadridge was recognized as the overall leader in Strategic Direction in the Financial Services Category in two global market segments, for both Communications Experience Platform (view here) and CCM-CXM Communications Outsourcing (view here).

Broadridge Recognized as a Leader in Two Aspire CCM-CXM Leaderboard Market Segments

Global Fintech leader will employ Syndio's analytics platform to better measure, achieve and prove meaningful and lasting equity in the workplace SEATTLE , Jan. 11, 2023 /PRNewswire/ -- Syndio, the world's leading workplace equity analytics platform, announced a new partnership today with global Fintech leader, Broadridge Financial Solutions (NYSE: BR). The company is employing Syndio's technology to better enable the critical steps of measuring and deepening their commitment to pay equity.

Syndio Partners with Broadridge for Pay Equity as Financial Services Sector Looks to Deliver on the "S" in ESG

Introducing the industry's first and only true end-to-end BPO solution for Trade Finance NEW YORK , Jan. 10, 2023 /PRNewswire/ --  LiquidX , the leading global fintech platform for digitization, monetization, and risk mitigation for trade finance, announces its new business process outsourcing (BPO) service, InBlock TradeOps, in partnership with Broadridge Financial Solutions (NYSE: BR). This new service delivers a turnkey middle and back-office operations solution in trade finance combining the most advanced technology of LiquidX and the world class outsourcing capabilities of Broadridge.

Broadridge and LiquidX Launch InBlock TradeOps to Provide Additional Scale and Flexibility to Trade Finance

NEW YORK , Jan. 9, 2023 /PRNewswire/ -- To provide an integrated framework that links user interfaces across products, global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE:BR), today announced it will utilize Glue42, a software provider that delivers integrated desktop experiences to financial institutions globally, to deliver a seamless trading experience. This move brings clients of Broadridge and Glue42 an integrated framework across products, creating a single workspace for banks and broker-dealers.

Broadridge Leverages Glue42 Capabilities to Deliver a Seamless Trading Interface

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Increasing presence in EMEA and APAC through the Itiviti acquisition is likely to boost Broadridge's (BR) global technology and operations segment.

Here's Why Hold Strategy is Apt for Broadridge (BR) Stock

Capitalizing on digital marketing is the key to growth for RIAs and IBDs; survey shows NEW YORK , Dec. 14, 2022 /PRNewswire/ -- The fourth-annual financial advisor marketing survey by global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE: BR), reveals that 63% of advisors are actively seeking new clients but only 43% are experiencing increases in inbound prospect requests. Market volatility, increasing compliance and regulatory pressures, and a competitive landscape for wealth management service professionals continue to challenge Independent Broker-Dealers (IBDs) and Registered Investment Advisors (RIAs) and requires them to find innovative new solutions to generate business.

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Strategic collaboration enhances proxy voting efficiency and supports higher levels of corporate governance NEW YORK and LONDON and JOHANNESBURG , Dec. 14, 2022 /PRNewswire/ -- To create a better proxy voting experience and further extend the proxy voting process in South Africa, global Fintech leader, Broadridge Financial Solutions Inc. (NYSE:BR), and Strate, South Africa's principal central securities depository and central collateral platform, have completed the integration of their respective end-to-end vote processing solutions. This collaboration represents a shared strategic commitment to drive greater levels of shareholder engagement by both institutional and retail investors – at both national and international levels.

Broadridge and Strate Connect to Streamline the Proxy Voting Lifecycle in South Africa

Strengths include full coverage of wealth value chain and front-to-back solutions on a single platform, enabling advisors to manage end-to-end client journeys NEW YORK , Dec. 12, 2022 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader, has been recognized by industry analyst firm Everest Group as a Leader in its inaugural Wealth Management Products PEAK Matrix® Assessment 2023. The report assesses 16 leading providers of wealth management products using Everest Group's PEAK Matrix framework, which is based on the evaluation of two key dimensions: Market Impact and Vision and Capability.

Broadridge Named a Leader in Wealth Management Products by Everest Group

Partnership provides IntraFi's 3,000 network members access to Broadridge's best-in-class SBL technology and participation in its Wealth Lending Network NEW YORK , Dec. 8, 2022 /PRNewswire/ -- Amid an increased demand for wealth lending generally and securities-based lending (SBL) specifically, global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE: BR) announced a partnership today with IntraFi to offer a streamlined securities-based lending service for banks, brokerage firms, and wealth management firms. Through this partnership, IntraFi will offer Broadridge's lending technology — already used today by some of the largest banks in the world — to its members to help support and grow their securities-based lending businesses.

Broadridge and IntraFi Partner to Offer Securities-Based Lending

NEW YORK , Dec. 5, 2022 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader, is pleased to announce the appointment of Martin Koopman as Chief Product Officer, effective January 1, 2023. In this role, Martin will lead the Product Management team working across all business units to collectively drive Broadridge's delivery of world-class SaaS and other service offerings to leading financial services clients.

Broadridge Appoints Martin Koopman as Chief Product Officer

NEW YORK , Dec. 2, 2022 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) announced that Edmund Reese, Chief Financial Officer, will be hosting individual investor meetings at the D.A. Davidson FinTech & Payments Spotlight Conference in New York City on Thursday, December 8, 2022.

Broadridge to Participate in Investor Conference

Broadridge Financial (BR) reported earnings 30 days ago. What's next for the stock?

Broadridge Financial (BR) Up 11.9% Since Last Earnings Report: Can It Continue?

NEW YORK , Nov. 30, 2022 /PRNewswire/ -- LTX, Broadridge Financial Solutions, Inc.'s [BR: NYSE] artificial intelligence (AI)-driven digital trading business, today announced that Jim Kwiatkowski has been promoted to the role of CEO of LTX. Jim Toffey, co-founder of LTX, will succeed Art Certosimo as Chairman of the LTX Board of Directors.

Broadridge's LTX® Announces Leadership Transitions, Jim Kwiatkowski Named CEO of LTX

Joint collaboration increases voting efficiency and corporate governance for global investment in French market LONDON and PARIS , Nov. 29, 2022 /PRNewswire/ -- Extending their joint strategic commitment to modernise and enhance shareholder voting in the French market, Broadridge Financial Solutions, Inc. (NYSE: BR) and SLIB, a leading software editor for electronic voting and securities services based in France, today announced the go-live of their joint end-to-end global voting solution. "Broadridge remains firmly committed to enabling greater levels of shareholder engagement across markets globally," said Demi Derem, General Manager of Broadridge's International Investor Communication Solutions.

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