secwatch.observer — SEC 8-K summary
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Issuer:     BROADRIDGE FINANCIAL SOLUTIONS, INC. (BR)
CIK:        0001383312
Form:       8-K
Filed at:   2023-12-07T23:59:59+00:00
Accession:  0001383312-23-000059
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Broadridge sets FY2024-2026 growth targets: recurring revenue +7-9%, adj. EPS +8-12% CAGR; reaffirms FY2024 guidance
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- Three-year objectives (FY2024-2026): organic recurring revenue growth 5-8%, constant-currency recurring revenue growth 7-9% CAGR.
- Adjusted EPS growth target of 8-12% CAGR and adjusted operating margin expansion of 50+ bps per year.
- Reaffirmed FY2024 guidance: recurring revenue growth constant currency 6-9%, adj. EPS growth 8-12%, adj. operating margin ~20%.
- CEO Tim Gokey cited past 10-year 10% recurring revenue CAGR, 14% adj. EPS CAGR, and 22% annualized total shareholder return.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1383312/000138331223000059/0001383312-23-000059-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1383312/000138331223000059/br-20231207.htm
  HTML page:      https://secwatch.observer/filing/0001383312-23-000059

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer