Broadridge reports first quarter fiscal 2023 results
Recurring revenues grew 7%; up 9% constant currency diluted eps was $0.42 and adjusted eps was $0.84 reaffirming fiscal year 2023 guidance including 6 - 9% recurring revenue growth constant currency and 7 - 11% adjusted eps growth new york , nov. 2, 2022 /prnewswire/ -- broadridge financial solutions, inc. (nyse:br) today reported financial results for the first quarter ended september 30, 2022 of its fiscal year 2023. results compared with the same period last year were as follows: summary financial results first quarter dollars in millions, except per share data 2023 2022 change recurring revenues $806 $750 7 % constant currency growth - non-gaap 9 % total revenues $1,283 $1,193 8 % operating income $88 $103 (15 %) margin 6.8 % 8.7 % adjusted operating income - non-gaap $150 $177 (15 %) margin - non-gaap 11.7 % 14.8 % diluted eps $0.42 $0.57 (26 %) adjusted eps - non-gaap $0.84 $1.07 (21 %) closed sales $29 $30 (2 %) "broadridge reported another strong quarter, highlighting the resilience of our business model and the positive long-term trends driving our growth," said tim gokey, broadridge's ceo.
BR Ratings Summary
BR Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission