Strong Financial Performance
Broadridge delivered a 9% increase in recurring revenues and a 70% growth in adjusted EPS to $1.56.
Governance Business Growth
ICS recurring revenues rose 9% constant currency, driven by strong revenue from sales and 11% equity position growth.
Record Event-Driven Revenues
Achieved a new quarterly record for event-driven revenues, surpassing the previous high set in fiscal 2018.
Capital Markets Segment Expansion
Reported a 6% recurring revenue growth in capital markets due to innovations like AI-enabled trading solutions.
Wealth and Investment Management Growth
Revenues grew 12%, largely driven by the SIS acquisition, contributing to the expansion of the Canadian wealth business.
Strategic Investments in Innovation
Continued significant investments in product innovation, AI, and tech capabilities supporting long-term growth.