Broadridge (BR) Tops Q1 EPS by 6c

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Broadridge Reports First Quarter 2016 Results

November 5, 2015 6:00 AM EST

LAKE SUCCESS, NY -- (Marketwired) -- 11/05/15 -- Broadridge Financial Solutions, Inc. (NYSE: BR) today reported financial results for the first quarter of its fiscal year 2016. Results for the three months ended September 30, 2015 compared with the same period last year were as follows:

---------------------------------------------------------------------------- First Quarter Fiscal Year 2016 Results: ---------------------------------------------------------------------------- - Recurring fee revenues increased 10% to $393 million - Total revenues increased 7% to $595 million - Adjusted Operating income increased 8% to $68 million - Operating income increased 4% to $59 million - Adjusted Net earnings increased 8% to $40 million - Net earnings increased 3% to $34 million - Adjusted Diluted earnings... More