Broadridge Highlights Path for Sustainable Long-term Growth at Investor Day 2023

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NASDAQ:BR, NEW YORK, Dec. 7, 2023 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) will host its Investor Day 2023 at 8:30 AM ET today as part of its Investor Day 2023 series.
Today's Investor Day theme is 'Powering and Transforming Financial Markets,' which reflects the critical role we play today and the opportunities that we look forward to. According to Tim Gokey, Broadridge's Chief Executive Officer, over the past ten years, Broadridge's recurring revenue compound annual growth rate has increased by 10%, adjusted EPS has grown by 14%, and total shareholder returns have increased by 22%. It is my firm's belief that Broadridge is better positioned than ever to grow long-term, innovation-driven.
In conjunction with its Investor Day, Broadridge announced its three-year growth objectives for the three-year period ending in Fiscal Year 2026. The growth objectives are shown as compound annual growth rates ("CAGRs") for the three-year periods ending in Fiscal Year 2024 and Fiscal Year 2026, except where otherwise noted.
Financial Objectives for the New Fiscal Year 2024 and the New Fiscal Year 2026
A reaffirmation of Broadridge's guidance for Fiscal Year 2024 was also made. 
Financial Guidance for Fiscal Year 2024
Broadridge's Investor Relations website will offer a live webcast and accompanying materials as part of the event.
Statements that are forward-looking
The information in this press release, as well as other written or oral statements made by Broadridge representatives from time to time, may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995.. This is a statement that is not historical in nature, and which might be identified by the use of words such as "expects," "assumes," "projects," "anticipates," "estimates," "we believe," "could be," and other words of similar meaning, and represent forward-looking statements.. Despite the fact that these statements are based on management's expectations and assumptions, they are subject to risks and uncertainties that may cause actual results to differ materially from those expressed herein.. In addition to these risks and uncertainties, there are those risk factors that are described and discussed in Part I, "Item 1A" of this document. Our Annual Report on Form 10-K for the year ended June 30, 2023 (the "2023 Annual Report") includes a section entitled "Risk Factors" that may be updated in any future reports filed with the Securities and Exchange Commission in the future.. Unless otherwise indicated, all forward-looking statements speak only as of the date of this press release and are expressly qualified in their entirety by reference to the factors discussed in the 2023 Annual Report.. Unless required by law, Broadridge disclaims any obligation to update or revise any forward-looking statements that may have been made to reflect events or circumstances that may arise after the date of such statement or to reflect the occurrence of unanticipated events, other than as required by law.
Unless required by law, Broadridge disclaims any obligation to update or revise any forward-looking statements that may have been made to reflect events or circumstances that may arise after the date of such statement or to reflect the occurrence of unanticipated events, other than as required by law.
The Company's Use of Non-GAAP Financial Measures and Reconciliation of the Company's Use of Non-GAAP Financial Measures
We are presenting the Company's results in this press release and in the related materials in accordance with U.S.. As far as general accepted accounting principles ("GAAP") are concerned, except where otherwise stated. In certain circumstances, results have been presented that are not in conformity with generally accepted accounting principles ("non-GAAP").. Among these Non-GAAP measures are Adjusted Operating Income Margin, Adjusted Earnings per Share, and Recurring Revenue Growth Constant Currency, which are all non-GAAP measures.. It is important to note that these Non-GAAP financial measures should be viewed in addition to the Company's reported results, and not as a substitute for them
It is important to note that these Non-GAAP financial measures should be viewed in addition to the Company's reported results, and not as a substitute for them
We believe our Non-GAAP financial measures provide investors with a better understanding of how management plans, measures, and evaluates the Company's business performance compared with GAAP financial measures. It is the management's belief that Non-GAAP measures provide consistency to the company's financial reporting and facilitate investors' understanding of the company's operating results and trends by providing an additional basis for comparison when analyzing the Company's results and trends. The management uses these non-GAAP financial measures, among other things, to evaluate our ongoing operations, and for internal planning and forecasting, among others.. In addition, and as a consequence of the importance of these Non-GAAP financial measures in managing our business, the Company's Compensation Committee of the Board of Directors incorporates Non-GAAP financial measures as part of the evaluation process for determining management compensation.
In addition, and as a consequence of the importance of these Non-GAAP financial measures in managing our business, the Company's Compensation Committee of the Board of Directors incorporates Non-GAAP financial measures as part of the evaluation process for determining management compensation.
As part of the Company's Investor Day presentations on Broadridge's Investor Relations website at www.broadridge-ir.com, and as an exhibit to the Company's Form 8-K dated December 7, 2023, you will find additional information regarding the Company's use of non-GAAP financial measures as well as the reconciliation of non-GAAP financial measures to the most directly comparable financial measures presented in accordance with GAAP. Additionally, these tables are also included as Exhibit 99.2 in that same document.
Broadridge Financial Solutions (NYSE: BR), a global Fintech leader with over $6 billion in revenue, provides the critical infrastructure that enables better investing, corporate governance and communication in order to enable better financial outcomes for its customers.. The company provides technology-driven solutions to banks, broker-dealers, asset managers, wealth managers, and public companies with a focus on financial services. By connecting thousands of public companies and mutual funds around the world with tens of millions of individual and institutional investors around the world, Broadridge's infrastructure serves as a global communications hub that facilitates corporate governance.. Additionally, Broadridge's technology platforms and operations support the daily trading of on average more than $1 billion in commodity derivatives on a daily basis. Globally, $10 trillion worth of equities, fixed income securities, and other securities are traded. In addition to being a Great Place to Work®, Broadridge is a member of the S&P 500® Index, employing over 14,000 associates in 21 countries around the world
In addition to being a Great Place to Work®, Broadridge is a member of the S&P 500® Index, employing over 14,000 associates in 21 countries around the world
Please visit our website at www.broadridge.com for more information about us and what we can do for you.
[email protected] is the address for investors 
[email protected] is the media department. 
Broadridge Financial Solutions, Inc. is the source of this information.
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There will be an Investor Day hosted by Broadridge Financial Solutions, Inc. (NYSE: BR) on December 7, 2023 at 8:30 a.m. EST in New York City, as part of its 2023 Investor Day.
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