{"schema_version":"secwatch.filing_event.v1","accession":"0001383312-23-000008","form_type":"8-K","ticker":"BR","cik":"0001383312","company_name":"BROADRIDGE FINANCIAL SOLUTIONS, INC.","filed_at":"2023-02-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.702287+00:00","generated_at":"2026-06-20T02:06:52.549869+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Broadridge Q2 FY2023: Recurring revenue up 8% constant currency; adjusted EPS +11%","bullets":["Recurring revenue $840M (+6% reported, +8% constant currency); total revenue $1,293M (+3%).","Diluted EPS $0.48 (+20%); adjusted EPS $0.91 (+11%).","ICS recurring revenue $467M (+9% reported, +10% constant currency); GTO recurring revenue $373M (+2% reported, +6% constant currency).","Closed sales $65M, down 20% from $82M in prior-year quarter.","FY2023 guidance reaffirmed: recurring revenue growth 6-9% constant currency, adjusted EPS growth 7-11%."],"urls":{"canonical":"https://secwatch.observer/filing/0001383312-23-000008","json":"https://secwatch.observer/filing/0001383312-23-000008.json","markdown":"https://secwatch.observer/filing/0001383312-23-000008.md","text":"https://secwatch.observer/filing/0001383312-23-000008.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1383312/000138331223000008/0001383312-23-000008-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1383312/000138331223000008/br-20230202.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T02:06:52.549869+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2c09a22a2d577729d41c9642a44fbcffdd8f5c96","claim":"BROADRIDGE FINANCIAL SOLUTIONS, INC. reported second quarter of fiscal year 2023 ended December 31, 2022 results: revenue $1,293 million, net income $58 million, EPS $0.48. Guidance reaffirmed.","evidence_excerpt":"Financial Results for Second Quarter Fiscal Year 2023 compared to Second Quarter Fiscal Year 2022 • Total revenues increased 3% to $1,293 million from $1,260 million. ◦ Recurring revenues increased $47 million, or 6%, to $840 million. Recurring revenue growth constant currency (Non-GAAP) was 8%, driven by organic growth from a combination of growth in Net New Business in GTO and ICS and Internal Growth, primarily in our ICS business. ◦ Event-driven revenues decreased $27 million, or 42%, to $38 million, primarily due to the decrease in volume of mutual fund proxy communications. ◦ Distribution revenues increased $13 million, or 3%, to $415 million, primarily driven by the impact of a postage rate increase of approximately $20 million, partially offset by lower volume of ICS mutual fund communications. • Operating income was $108 million, an increase of $39 million, or 57%. Operating income margin increased to 8.3%, compared to 5.5% for the prior year period, due to the growth in Recurr","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1383312/000138331223000008/0001383312-23-000008-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter of fiscal year 2023 ended December 31, 2022"},{"label":"Revenue","value":"$1,293 million"},{"label":"Net income","value":"$58 million"},{"label":"EPS","value":"$0.48"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}