Earnings Call Summary | Broadridge Financial Solutions(BR.US) Q3 2024 Earnings Conference
Earnings Call Summary | Broadridge Financial Solutions(BR.US) Q3 2024 Earnings Conference
The following is a summary of the Broadridge Financial Solutions, Inc. (BR) Q3 2024 Earnings Call Transcript:
以下是Broadridge Financial Solutions, Inc.（BR）2024年第三季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Broadridge saw a 4% increase in recurring revenue and 9% uptick in adjusted EPS growth for Q3 2024, with expectations to maintain recurring revenue growth between 6-9% for fiscal 2024.
Free cash flow conversion for Q3 '24 was notably high at 108%, while the full year is expected to reach 100%.
Significant closed sales were observed in Q3 with a 29% increase from the previous year.
Despite a restructuring initiative, the company maintained an adjusted operating income margin increase of 40 basis points to 21.4%.
Broadridge has returned $424 million in capital to shareholders through dividends and share buybacks, with additional repurchases expected in Q4.
Broadridge預計，2024年第三季度的經常性收入增長了4％，調整後的每股收益增長了9％，預計2024財年的經常性收入增長將保持在6-9％之間。
24年第三季度的自由現金流轉換率明顯較高，爲108％，而全年預計將達到100％。
第三季度實現了可觀的封閉式銷售，比上年增長了29％。
儘管採取了重組舉措，但該公司仍將調整後的營業收入利潤率增長40個點子至21.4％。
Broadridge已通過分紅和股票回購向股東返還了4.24億美元的資本，預計將在第四季度進行更多回購。
Business Progress:
業務進展：
The company continues to leverage long-term trends, focusing on the democratization of investing.
Efforts to expand the company's reach have included launching new capabilities in capital markets and growing wealth across North America.
Significant investments of $109 million have been made in technology and client conversions.
Keeping a close eye on expense management, Broadridge is keen to foster organic growth.
They remain on course to finalize a strategic restructuring initiative started in Q4 '23 by the end of the fiscal year.
該公司繼續利用長期趨勢，專注於投資的民主化。
擴大公司影響力的努力包括在資本市場推出新能力以及在北美各地增加財富。
已在技術和客戶轉化方面進行了1.09億美元的重大投資。
Broadridge密切關注費用管理，熱衷於促進有機增長。
他們仍有望在本財年末之前完成於23年第四季度啓動的戰略重組計劃。
More details: Broadridge Financial Solutions IR
更多詳情： Broadridge 金融解決方案 IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。