Broadridge reports fourth quarter and fiscal 2022 results

Fiscal year 2022 recurring revenue growth of 16% fiscal year 2022 diluted eps was $4.55 and adjusted eps grew 14% to $6.46 record closed sales of $282 million raising annual dividend 13% to $2.90 per share fiscal year 2023 guidance of 6-9% recurring revenue growth and 7-11% adjusted eps growth new york , aug. 12, 2022 /prnewswire/ -- broadridge financial solutions, inc. (nyse: br) today reported financial results for the fourth quarter and fiscal year 2022. results compared with the same period last year were as follows:     summary financial results fourth quarter fiscal year dollars in millions, except per share data 2022 2021 change 2022 2021 change recurring fee revenues $1,189 $1,033 15 % $3,749 $3,228 16 % total revenues $1,723 $1,532 12 % $5,709 $4,994 14 % operating income 342 281 21 % 760 679 12 % margin 19.8 % 18.4 % 13.3 % 13.6 % adjusted operating income - non-gaap 436 349 25 % 1,066 902 18 % margin 25.3 % 22.8 % 18.7 % 18.1 % diluted eps $2.09 $2.20 (5 %) $4.55 $4.65 (2 %) adjusted eps - non-gaap $2.65 $2.19 21 % $6.46 $5.66 14 % closed sales $112 $113 (1 %) $282 $232 21 %   "a strong fourth quarter capped another great year for broadridge, with record closed sales, 16% recurring revenue growth, continued margin expansion, and 14% adjusted eps growth," said tim gokey, broadridge's ceo.
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