India, Nov. 3 -- Broadridge Financial Solutions Inc. (BR), while reporting first-quarter results on Tuesday, reaffirmed positive fiscal 2027 outlook.
Tim Gokey, Broadridge CEO, said, "Broadridge is driving digital engagement, scaling agentic AI, and accelerating tokenization while delivering strong financial results. ... With a strong start to the year, we are reaffirming our fiscal year 2027 guidance, including 6-8 percent Recurring revenue growth constant currency, 8-12 percent Adjusted EPS growth, Free cash flow conversion of 100 percent+, and strong Closed sales of $290-$330 million."
In the first quarter, the company's earnings totaled $94.8 million, down from $165.4 million last year. Earnings per share fell 41 percent to $0.83 from...