Broadridge quarterly profit climbs on investor communications strength

Earnings
โดย Reuters·Read original
Summary · why it matters

Broadridge Financial reported higher fourth-quarter profit, driven by strength in its investor communications business. Net earnings rose to $398 million, or $3.44 per share, from $374.2 million, or $3.16 per share, a year earlier. Revenue in the investor communication solutions segment, its largest unit, increased to $1.73 billion from $1.6 billion. Shares, which have fallen about 29.5% so far this year, rose 1.7% in premarket trading following the results.

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