Broadridge reports first quarter fiscal 2025 results
Recurring revenues grew 3%; up 4% constant currency closed sales rose 21% to $57 million diluted eps was $0.68 and adjusted eps was $1.00 raising fy'25 guidance to include 6-8% recurring revenue growth constant currency; reaffirming 8-12% adjusted eps growth new york , nov. 5, 2024 /prnewswire/ -- broadridge financial solutions, inc. (nyse:br) today reported financial results for the first quarter ended september 30, 2024 of its fiscal year 2025. results compared with the same period last year were as follows: summary financial results first quarter dollars in millions, except per share data 2025 2024 change recurring revenues $900 $871 3 % constant currency growth (non-gaap) 4 % total revenues $1,423 $1,431 (1 %) operating income $134 $148 (9 %) margin 9.4 % 10.4 % adjusted operating income (non-gaap) $185 $199 (7 %) margin (non-gaap) 13.0 % 13.9 % diluted eps $0.68 $0.76 (11 %) adjusted eps (non-gaap) $1.00 $1.09 (8 %) closed sales $57 $48 21 % "broadridge's first quarter results keep us on track to deliver a strong fiscal year 2025," said tim gokey, broadridge ceo.
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