Broadridge Financial Solutions, Inc.
Broadridge Financial Solutions Discloses May 2024 Investor Presentation
Summary
Broadridge Financial Solutions, Inc. disclosed its May 2024 investor presentation on May 17, 2024, which includes financial results, business outlook, and strategic initiatives. The presentation highlights the company's performance for the third quarter of 2024, showing a 4% increase in recurring revenues and a 9% rise in adjusted earnings per share. Broadridge remains focused on achieving its long-term objectives, including organic recurring revenue growth of 5-8% for FY'24-FY'26, adjusted operating income margin expansion, and adjusted earnings per share growth. The company also provides an updated guidance for fiscal year 2024, anticipating recurring revenue growth at the low end of its 6-9% range and adjusted earnings per share growth at the middle of its 8-12% range.
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About Broadridge Financial Solutions, Inc.
Broadridge Financial Solutions, Inc. is a leading provider of technology-driven solutions for the global financial industry. It specializes in investor communications, technology outsourcing, and data and analytics solutions for capital markets, wealth management, and asset management sectors. By delivering integrated solutions, Broadridge helps financial institutions manage the complexity of escalating regulatory requirements and evolving market demands. The company's offerings enable transparent and secure interactions with investors and shareholders through proxy voting and shareholder communications services. Broadridge’s technology platforms are crucial for streamlining operations, enhancing efficiency, and improving compliance management. By supporting back-office operations and providing end-to-end management of trade processing and settlement, Broadridge plays a pivotal role in ensuring the smooth functioning of financial transactions globally. Its services are utilized by banks, brokerage firms, and investment managers, reflecting its significant impact on the financial markets' infrastructure.
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