Broadridge reports second quarter fiscal 2025 results

Recurring revenues grew 9%; up 9% constant currency diluted eps grew 103% to $1.20 and adjusted eps grew 70% to $1.56 reaffirming fy'25 guidance, including 6-8% recurring revenue growth constant currency, 8-12% adjusted eps growth, and closed sales of $290 - $330 million new york , jan. 31, 2025 /prnewswire/ -- broadridge financial solutions, inc. (nyse:br) today reported financial results for the second quarter ended december 31, 2024 of its fiscal year 2025. 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   2025 2024 change 2024 2023 change recurring revenues $980 $899 9 % $1,880 $1,770 6 %      constant currency growth (non-gaap) 9 % 6 % total revenues $1,589 $1,405 13 % $3,012 $2,836 6 % operating income $211 $124 69 % $345 $273 27 %      margin 13.3 % 8.9 % 11.5 % 9.6 % adjusted operating income (non-gaap) $263 $174 51 % $448 $374 20 %      margin (non-gaap) 16.6 % 12.4 % 14.9 % 13.2 % diluted eps $1.20 $0.59 103 % $1.88 $1.35 39 % adjusted eps (non-gaap) $1.56 $0.92 70 % $2.56 $2.01 27 % closed sales $46 $58 (21 %) $103 $106 (2 %) "broadridge delivered strong second quarter results, including 9% recurring revenue growth constant currency, record event-driven revenues, and 70% adjusted eps growth to $1.56," said tim gokey, broadridge ceo.
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