Broadridge reports third quarter fiscal 2022 results
Increasing fiscal year 2022 adjusted eps growth guidance to 13-15% from 11-15% recurring revenues grew 16% diluted eps was $1.49 and adjusted eps grew 10% to $1.93 year-to-date closed sales grew 42% new york, may 3, 2022 /prnewswire/ -- broadridge financial solutions, inc. (nyse:br) today reported financial results for the third quarter ended march 31, 2022 of its fiscal year 2022. results compared with the same period last year were as follows: summary financial results third quarter nine months dollars in millions, except per share data 2022 2021 change 2022 2021 change recurring fee revenues $1,012 $873 16% $2,560 $2,195 17% total revenues $1,534 $1,390 10% $3,986 $3,462 15% operating income $246 $239 3% $418 $397 5% margin 16.0% 17.2% 10.5% 11.5% adjusted operating income - non-gaap $313 $284 10% $631 $553 14% margin 20.4% 20.4% 15.8% 16.0% diluted eps $1.49 $1.40 6% $2.46 $2.44 1% adjusted eps - non-gaap $1.93 $1.76 10% $3.81 $3.47 10% closed sales $58 $43 33% $170 $119 42% "broadridge delivered another strong quarter, with 16% recurring revenue and 10% adjusted eps growth," said tim gokey, broadridge's ceo.
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