Broadridge delivered strong performance in Q3 2025, with growth in recurring revenues, net income, and adjusted EPS, while maintaining its full-year guidance amid market uncertainties.
Broadridge's first quarter results showed strong growth, with an 8% increase in recurring revenue and record earnings. The company's cost actions contributed to significant margin expansion. Updated guidance reflects confidence in full-year results, with increased investment in people, platforms, and technology.
Broadridge reported strong Q4 and fiscal year 2020 results, including 10% recurring revenue growth and 8% adjusted EPS growth. The company's performance validates its business model and value proposition, giving confidence in its long-term opportunity. Broadridge achieved its three-year objectives for recurring revenue growth, margin expansion, and adjusted EPS growth.
Broadridge reported a 2% increase in total revenues to $1,250 million. Recurring fee revenues increased by 9%, while adjusted EPS rose by 5%. The company's updated guidance reflects strong second-half organic growth and the impact of Covid-19.
Broadridge's second quarter saw a 2% increase in total revenues, driven by a 7% rise in recurring fee revenues. However, a 36% decline in event-driven fee revenues led to a decrease in operating income and adjusted EPS. The company reaffirms its fiscal year 2020 revenue and closed sales guidance, with adjusted EPS expected to be at the low end of the range.