Broadridge Financial Solutions Inc

BR: XNYS (USA)
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Broadridge Earnings: Position Growth Healthy; Maintaining Our Fair Value Estimate

Broadridge had a solid fiscal fourth quarter with 6% revenue growth. Equity position growth was 18% with billable growth of 14%, up from 15% and 11%, respectively, in the third quarter. As is customary with the fourth-quarter release, Broadridge provided an initial outlook for its next fiscal year.

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