Broadridge Clocks 10% Revenue Growth In Q3 Backed By Recurring Revenue Strength
Broadridge Financial Solutions, Inc (NYSE:BR) reported third-quarter FY22 revenue growth of 10% to $1.534 billion, marginally missing the consensus of $1.54 billion. Recurring fee revenues increased 16% Y/Y to $1.01 billion. Distribution revenues rose 6% Y/Y to $472 million. ICS segment total revenues increased 6% Y/Y to $1.16 billion, and GTO recurring fee…
Benzinga ·
Benzinga
