The company reported total revenues of $1,405 million, operating income of $124 million and diluted EPS of $0.59 for the quarter ended December 31, 2023. Adjusted EPS (Non-GAAP) was $0.92, and Recurring revenues were $899 million.

1. 01

   The company reported total revenues of $1,405 million, operating income of $124 million and diluted EPS of $0.59 for the quarter ended December 31, 2023. Adjusted EPS (Non-GAAP) was $0.92, and Recurring revenues were $899 million.

2. 02

   Broadridge said adjusted operating income for the quarter rose 1% to $174 million, and its margin was 12.4%, compared with 13.4% a year earlier. The company said operating leverage and a net benefit of 40 basis points from higher float income and distribution revenue were offset by higher investment spending and selling, general and administrative expenses.

3. 03

   Broadridge said it is maintaining its guidance for fiscal year 2024 without change. Recurring revenue growth on a constant currency basis (Non-GAAP) is 6 to 9%, Adjusted EPS growth is 8 to 12%, and Closed sales are $280 to $320 million.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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