secwatch.observer — SEC 8-K summary
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Issuer:     BROADRIDGE FINANCIAL SOLUTIONS, INC. (BR)
CIK:        0001383312
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0001383312-24-000037
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Broadridge FY2024 Adj EPS $7.73 (+10%), raises dividend 10%; guides FY2025 5-7% recurring rev growth
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- FY2024 recurring revenues $4,223M (+6%), total revenues $6,507M (+7%); closed sales record $342M (+39%).
- Adj EPS $7.73 (+10%), diluted EPS $5.86 (+11%). FY2025 guide: Adj EPS growth 8-12%, recurring rev +5-7% CC.
- Dividend raised 10% to $3.52 annual; quarterly $0.88 payable Oct 3 to holders of record Sep 12.
- Q4 Adj EPS $3.50 (+9%), operating margin 28.8%. FY2024 free cash flow conversion 102%.
- Three acquisitions: Kyndryl SIS (~$200M, ~$80-85M revenue), AdvisorTarget ($35M), CompSci.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1383312/000138331224000037/0001383312-24-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1383312/000138331224000037/br-20240806.htm
  HTML page:      https://secwatch.observer/filing/0001383312-24-000037

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