Broadridge Reports First Quarter Fiscal 2025 Results
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Broadridge Financial Solutions reported its fiscal Q1 2025 results, showing a 3% increase in recurring revenues and a 21% rise in closed sales. Despite a decline in total revenues and EPS, the company raised its FY'25 guidance for recurring revenue growth and reaffirmed its adjusted EPS growth target.
November 05, 2024 | 12:30 pm
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Broadridge Financial Solutions reported a 3% increase in recurring revenues and a 21% rise in closed sales for Q1 FY2025. Despite a decline in total revenues and EPS, the company raised its FY'25 guidance for recurring revenue growth and reaffirmed its adjusted EPS growth target.
The increase in recurring revenues and closed sales, along with the raised guidance for FY'25, suggests positive investor sentiment and potential stock price appreciation. The reaffirmation of adjusted EPS growth further supports a positive outlook.
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