Earnings release
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Broadridge® Broadridge Reports First Quarter Fiscal 2022 Results Recurring Revenues grew 16 % Diluted EPS was $ 0.57 and Adjusted EPS grew 9 % to $ 1.07 Reaffirming Fiscal Year 2022 Guidance including 12-15 % Recurring Revenue growth and 11-15 % Adjusted EPS growth NEW YORK , N.Y. , November 3 , 2021 - Broadridge Financial Solutions , Inc. ( NYSE : BR ) today reported financial results for the first quarter ended September 30 , 2021 of its fiscal year 2022. 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 Margin Adjusted Operating income - Non - GAAP Margin Diluted EPS Adjusted EPS - Non - GAAP Closed sales Reaffirming Fiscal Year 2022 Financial Guidance Recurring revenue growth First Quarter Adjusted Operating income margin - Non - GAAP Adjusted earnings per share growth - Non - GAAP Closed sales 2022 1 $ 751 $ 1,193 103 8.7 % 177 14.8 % $ 0.57 $ 1.07 $ 30 2021 Change $ 650 16 % $ 1,017 17 % 31 % 79 7.7 % 151 14.8 % With a strong first quarter , Broadridge is on track to achieve our full - year guidance of 12-15 % recurring revenue growth and 11-15 % Adjusted EPS growth . We are focused on delivering sustainable , long - term growth across our governance , capital markets and wealth businesses , and we remain well - positioned to achieve the higher end of our three - year growth objectives . " $ 0.56 $ 0.98 $ 32 " Broadridge reported strong first quarter results , " said Tim Gokey , Broadridge's CEO . " Recurring revenues grew by 16 % , propelled by revenue from new sales , continued robust governance trends , and our ongoing integration of Itiviti . 12-15 % ~ 19 % 11 - 15 % 17 % $ 240 - 280M 2 % 9 % ( 6 ) %