Broadridge reports third quarter fiscal 2023 results

Recurring revenues grew 8%; up 9% constant currency diluted eps grew 12% and adjusted eps grew 6% expecting fy'23 recurring revenue growth constant currency at higher end of 6-9% guidance range reaffirming fy'23 outlook for continued margin expansion and 7-11% adjusted eps growth new york , may 2, 2023 /prnewswire/ -- broadridge financial solutions, inc. (nyse:br) today reported financial results for the third quarter ended march 31, 2023 of its fiscal year 2023. 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 2023 2022 change 2023 2022 change recurring revenues $1,082 $1,003 8 % $2,728 $2,546 7 %      constant currency growth - non-gaap 9 % 9 % total revenues $1,646 $1,534 7 % $4,222 $3,986 6 % operating income $287 $246 17 % $482 $418 15 %      margin 17.4 % 16.0 % 11.4 % 10.5 % adjusted operating income - non-gaap $345 $313 10 % $668 $631 6 %      margin - non-gaap 21.0 % 20.4 % 15.8 % 15.8 % diluted eps $1.67 $1.49 12 % $2.58 $2.46 5 % adjusted eps - non-gaap $2.05 $1.93 6 % $3.81 $3.81 — closed sales $62 $57 8 % $156 $169 (8 %) "broadridge delivered strong third quarter results, with 9% growth in recurring revenue constant currency, continued growth in adjusted eps, and increasing free cash flow.
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