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Broadridge Broadridge Reports Third Quarter Fiscal Year 2021 Results Raising Guidance for FY21 Revenue and Adjusted EPS Growth Recurring Revenue Grew 8 % Operating Income was $ 239 million and Adjusted Operating Income Grew 8 % to $ 284 million Diluted EPS was $ 1.40 and Adjusted EPS Increased 5 % to $ 1.76 NEW YORK , N.Y. , May 4 , 2021 - Broadridge Financial Solutions , Inc. ( NYSE : BR ) today reported financial results for the third quarter and nine months ended March 31 , 2021 of its fiscal year 2021. Results compared with the same period last year were as follows : Summary Financial Results Dollars in millions , except per share data Recurring fee revenues Total revenues Operating income Operating income margin Adjusted Operating income - Non - GAAP Adjusted Operating income margin - Non GAAP Diluted EPS Adjusted EPS - Non - GAAP Closed sales Third Quarter 2021 $ 900 $ 1,390 239 17.2 % 284 20.4 % $ 1.40 $ 1.76 $ 46 2020 Change $ 835 $ 1,250 226 18.1 % 262 21.0 % $ 1.43 $ 1.67 $ 44 EXHIBIT 99.1 2021 2020 Change 8 % $ 2,267 $ 2,106 11 % $ 3,462 $ 3,167 6 % 8 % ( 2 % ) 5 % 3 % Nine Months 397 11.5 % 553 326 10.3 % 460 16.0 % 14.5 % $ 2.44 $ 1.99 $ 3.47 $ 2.88 $ 124 $ 127 " Broadridge delivered strong third quarter results , including 8 % recurring revenue growth and 8 % Adjusted Operating income growth , " said Tim Gokey , Broadridge's Chief Executive Officer . 8 % 9 % 22 % 20 % 23 % 20 % ( 2 % ) " Our results continue to be propelled by powerful long - term trends including increased digitization , mutualization , and the democratization of investing . As a result , we continue to invest in our products and technology platforms . These investments , along with the pending acquisition of Itiviti , will further strengthen our ability to drive increased value to our clients and growth to our shareholders , " Mr. Gokey continued . " Based on our strong performance , we are raising our top- and bottom - line growth guidance for fiscal year 2021 and now expect recurring revenue growth of 8-10 % and Adjusted EPS growth of 11-13 % . Looking beyond fiscal year 2021 , Broadridge is well - positioned for continued growth , and we remain confident in our ability to deliver at the higher end of our three - year growth objectives , " Mr. Gokey concluded .