Broadridge Company profile
About Broadridge Financial Solutions, Inc.
Broadridge Financial Solutions, Inc. is a provider of investor communications and technology-driven solutions. The Company's segments include Investor Communication Solutions and Global Technology and Operations. The Investor Communication Solutions segment provides Regulatory Solutions, Data-Driven Fund Solutions, Corporate Issuer Solutions, and Customer Communications Solutions. This segment's business involves the processing and distribution of proxy materials to investors in equity securities and mutual funds, as well as the facilitation of related vote processing. The Global Technology and Operations segment provides business solutions for capital markets and wealth and investment management firms. This segment offers advanced solutions that automate firms’ transaction lifecycle, from desktop productivity tools, data aggregation, performance reporting, and portfolio management to order capture and execution, trade confirmation, margin, cash management, clearance and settlement.
Financial summary
BRIEF: For the six months ended 31 December 2021, Broadridge Financial Solutions, Inc. revenues increased 18% to $2.45B. Net income applicable to common stockholders decreased 6% to $114.4M. Revenues reflect Investor Communication Solution segment increase of 14% to $1.75B, Global Technology and Operations segment increase of 19% to $711.2M. Net income was offset by Selling, general and administrative exp. increase of 21% to $387.8M (expense).
Equity composition
Common Stock, $.01 Par, 12/11,650M Auth,150,600,000 issd., less 26,800,000 Shs In Treasury.Insider Holds 0.5%