Broadridge Financial up after higher Q4 profit

Broadridge Financial Solutions

06/08/2024 15:41

** Shares of fintech firm Broadridge Financial  BR.N  up
6.5% at $222.11 in early trade 
    ** BR posts a rise in fourth-quarter profit, helped by
demand in its investor communication and global technology
businesses
    ** The company reports adjusted profit of $415.2 million, or
$3.50 per share, for the fourth quarter, compared with $381.9
million, or $3.21 per share, a year earlier
    ** Revenue at the company's investor communication services
business, which accounts for most of Broadridge's revenue, rose
to $1.53 billion from $1.44 billion
    ** Including session's move, BR up ~8% YTD 

 (Reporting by Pritam Biswas in Bengaluru)
 ((Pritam.Biswas@thomsonreuters.com))