Broadridge’s Financials Improve Across the Board in Q2 2016

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Broadridge’s Financials Improve Across the Board in Q2 2016

Postby kreslik.news » Wed Feb 03, 2016 6:26 pm


Broadridge Financial Services (NYSE:BR) has reported its financial metrics for Q2 of the fiscal year ending December 31, 2016, with revenues edging higher by double digits amidst a widely upbeat quarterly performance, according to a Broadridge statement.

For Q2 2016, Broadridge’s revenues came in at $639 million, up a healthy 11.0% YoY from $575 million back in Q2 2015. The net increase in revenues was tied to several components of its business, including fee revenues, distribution revenues, and event driven revenues, which collectively totaled $64 million for Q2 2016.

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