Broadridge Q2: recurring rev +7%, adj EPS $0.92, FY24 guidance reaffirmed

BROADRIDGE FINANCIAL SOLUTIONS, INC.

2024-Q2 EPS reported $1.35 revenue$2,836,000,000

Recurring revenue $899M (+7%/+6% constant currency); total revenue $1,405M (+9% YoY).
Diluted EPS $0.59 (+23%); adjusted EPS $0.92 (+1%); operating income $124M (+15%).
ICS recurring revenue +6% organic; GTO recurring revenue +9% (8% constant currency).
FY24 guidance reaffirmed: recurring revenue growth 6-9% constant currency, adj EPS growth 8-12%.
YTD closed sales +12% to $106M; FY24 closed sales target $280-320M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

BROADRIDGE FINANCIAL SOLUTIONS, INC. updated its the second quarter ended December 31, 2023 of its fiscal year 2024 guidance (reaffirmed).

Period: the second quarter ended December 31, 2023 of its fiscal year 2024
Guidance: reaffirmed
Result: reported results

Exact text from the filing

On February 1, 2024, Broadridge Financial Solutions, Inc. (“Broadridge” or the “Company”) issued a press release (“Press Release”) announcing its financial results for the second quarter of fiscal year 2024 ended December 31, 2023.

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Source: SEC EDGAR

accession 0001383312-24-000005

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