Broadridge Financial Q2 Beats Estimates, CEO Reaffirms 'Strong Organic Growth' Outlook

Broadridge Financial Solutions Inc BR reported second-quarter 2025 sales growth of 13.1% year-on-year to $1.589 billion, beating the consensus estimate of $1.556 billion.

• Recurring revenues increased 9% to $980 million
• Distribution revenues climbed 7% to $484 million.
• Event-driven segment revenues surged 126% to $125 million in the quarter.
• Adjusted operating income jumped 51% to $263 million, with margin expanding to 16.6% from 12.4% a year ago.
• Adjusted EPS of $1.56 beat the consensus estimate of $1.47.
• As of December-end, Broadridge held $289.9 million in cash and equivalents.
• The operating cash flow for six-months totaled $111.2 million.

“Broadridge is executing on our long-term growth strategy to democratize and digitize investing, simplify and innovate trading, and modernize wealth management. Our strong organic growth continues to be powered by long-term trends, including increasing investor participation, and by the conversion of our record sales backlog," said CEO Tim Gokey.

FY25 Outlook: Broadridge Financial Solutions reiterates FY25 recurring revenue constant currency growth of 6% – 9%.

The company sees fiscal year 2025 adjusted EPS growth of 8% to 12%.

Price Action: Broadridge shares are trading lower by 1.13% at $236.41 at the last check Friday.

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