Broadridge(US:BR)2025-05-01 11:09Financial Performance - Broadridge reported strong Q3 2025 results, including 8% Recurring revenue growth constant currency and 9% Adjusted EPS growth[13] - Q3 2025 Recurring revenues reached $1.204 billion, a 7% increase year-over-year, with constant currency growth of 8%[19] - Adjusted Operating income for Q3 2025 was $405 million, a 10% increase, resulting in an Adjusted Operating income margin of 22.4%, a 100 bps increase[19] - Diluted earnings per share increased by 15% to $2.05, while Adjusted earnings per share grew by 9% to $2.44[19] - The company reaffirms FY'25 guidance of 6-8% Recurring revenue growth constant currency and Adjusted EPS growth in the middle of the 8-12% range[13] Segment Performance - Governance segment revenue reached $740 million, a 6% year-over-year increase[15] - Capital Markets segment revenue was $289 million, a 10% year-over-year increase[15] - Wealth & Investment Management segment revenue totaled $175 million, a 13% year-over-year increase[15] - Within ICS, Regulatory revenue grew by 6% to $365 million, Data-Driven Fund Solutions grew by 8% to $115 million, Issuer solutions grew by 2% to $60 million, and Customer Communications grew by 5% to $199 million[24] Key Growth Drivers - Equity position growth of 15% underscores broad growth across account sizes[17] - Organic growth contributed 6 percentage points to Recurring revenue growth[31] - Acquisitions contributed 2 percentage points to Recurring revenue growth[31] Future Outlook - Broadridge is on track to achieve its three-year financial objectives and drive long-term growth[18] - FY'25 Closed sales guidance was updated to $240 - $300 million[46]