Broadridge Beats Fiscal Q1 Estimates as Digital-Asset Loss Weighs on Profit

Broadridge Financial Solutions beat fiscal first-quarter estimates and reaffirmed its fiscal 2027 outlook, while a $40.2 million digital-asset loss accompanied a steep drop in reported earnings. The company released results Nov. 3 for the three months ended Sept. 30, 2026. Revenue rose 5% from a year earlier to $1.67 billion, while recurring revenue climbed 11% to $1.08 billion. Adjusted earnings per share were $1.56, up from $1.51 a year earlier and above the $1.37 pre-report estimate. Revenue also exceeded pre-report estimates in the $1.64 billion to $1.65 billion range. Reported net earnings fell to $94.8 million from $165.4 million.

Source: TokenPost