Broadridge Financial Sees Profit Surge Thanks to Strong Investor Communications

Reported about 9 hours ago

Broadridge Financial, a leading fintech firm, reported a more than doubling of its first-quarter profit, driven by substantial growth in its investor communications solutions. The company, known for its services to banks and financial institutions, saw revenue for its investor communications unit increase by 11% to $1.13 billion, contributing to a total revenue rise of 12% to $1.59 billion. CEO Tim Gokey expressed optimism for fiscal 2026, expecting ongoing revenue growth and margin expansion.

Source: YAHOO

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