BROADRIDGE FINANCIAL SOLUTIONS, INC. (NYSE:BR) Files An 8-K Results of Operations and Financial Condition

BROADRIDGE FINANCIAL SOLUTIONS, INC. (NYSE:BR) Files An 8-K Results of Operations and Financial Condition
Item 9.01. Results of Operations and Financial Condition.

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On August 10, 2017, Broadridge Financial Solutions, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter and fiscal year ended June 30, 2017. On August 10, 2017, the Company also posted an Earnings Webcast& Conference Call Presentation dated August 10, 2017 on the Company’s Investor Relations website at In addition, on August 10, 2017, the Company posted supplemental financial statistics related to its Investor Communication Solutions and Global Technology Operations businesses for the fourth quarter and fiscal year ended June 30, 2017 on the Company's Investor Relations home page at

On August 10, 2017, the Company issued a press release announcing that the Board of Directors has declared a quarterly cash dividend of $0.365 per share payable on October 3, 2017 to shareholders of record at the close of business on September 15, 2017. This declaration reflects the Board's approval of an increase in the annual dividend amount by 11% from $1.32 to $1.46 per share, subject to the discretion of the Board to declare quarterly dividends. The declaration and payment of future dividends to holders of the Company’s common stock will be at the discretion of its Board of Directors, and will depend upon many factors, including the Company’s financial condition, earnings, capital requirements of its businesses, legal requirements, regulatory constraints, industry practice, and other factors that the Board of Directors deems relevant.

Copies of the press release, earnings presentation and supplemental financial statistics are being furnished as Exhibits 99.1, 99.2, and 99.3 attached hereto, respectively, and are incorporated herein by reference. The information furnished to Item 9.01 and 9.01, including Exhibits 99.1, 99.2 and 99.3, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under that Section, and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act.

Forward-Looking Statements

This current report on Form 8-K may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements that are not historical in nature, and which may be identified by the use of words such as “expects,” “assumes,” “projects,” “anticipates,” “estimates,” “we believe,” “could be” and other words of similar meaning, are forward-looking statements. These risks and uncertainties include those risk factors discussed in Part I, “Item 1A. Risk Factors” of our Annual Report on Form 10-K for the fiscal year ended June 30, 2016 (the “2016 Annual Report”), as they may be updated in any future reports filed with the Securities and Exchange Commission. All forward-looking statements speak only as of the date of this 8-K and are expressly qualified in their entirety by reference to the factors discussed in the 2016 Annual Report. These statements are based on management’s expectations and assumptions and are subject to risks and uncertainties that may cause actual results to differ materially from those expressed. Factors that could cause actual results to differ materially from those contemplated by the forward-looking statements include: the success of Broadridge in retaining and selling additional services to its existing clients and in obtaining new clients; Broadridge’s reliance on a relatively small number of clients, the continued financial health of those clients, and the continued use by such clients of Broadridge’s services with favorable pricing terms; any material breach of Broadridge security affecting its clients’ customer

information; changes in laws and regulations affecting Broadridge’s clients or the services provided by Broadridge; declines in participation and activity in the securities markets; the failure of our outsourced data center services provider to provide the anticipated levels of service; a disaster or other significant slowdown or failure of Broadridge’s systems or error in the performance of Broadridge’s services; overall market and economic conditions and their impact on the securities markets; Broadridge’s failure to keep pace with changes in technology and the demands of its clients; the ability to attract and retain key personnel; the impact of new acquisitions and divestitures; and competitive conditions.

Broadridge disclaims any obligation to update or revise forward-looking statements that may be made to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events, other than as required by law.

Item 9.01.

Financial Statements and Exhibits.

Exhibits. The following exhibits are furnished herewith:

Exhibit No.



Broadridge Financial Solutions, Inc. Press Release dated August 10, 2017.


Broadridge Financial Solutions, Inc. Earnings Webcast & Conference Call Presentation dated August 10, 2017.


Broadridge Financial Solutions, Inc. Supplemental Financial Statistics dated August 10, 2017.

EX-99.1 2 ex991earningsrelease4q2017.htm EXHIBIT 99.1 Exhibit         EXHIBIT 99.1                                                    BROADRIDGE REPORTS FOURTH QUARTER AND FISCAL YEAR 2017 RESULTSFiscal Year Diluted EPS Growth of 7% and Adjusted EPS growth of 15%Record Closed Sales of $188 million up 25%Recurring Fee Revenue Growth of 29% Board Approves 11% Increase in Annual Dividend to $1.46Guidance Calls for 15-19% Adjusted EPS Growth in Fiscal Year 2018LAKE SUCCESS,…
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Broadridge Financial Solutions, Inc. (Broadridge) is a provider of investor communications and technology-driven solutions to banks, broker-dealers, mutual funds and corporate issuers. The Company’s segments include Investor Communication Solutions, and Global Technology and Operations. The Company offers Bank/Broker-Dealer Investor Communication Solutions, Customer Communication Solutions, Corporate Issuer Solutions, Advisor Solutions and Mutual Fund and Retirement Solutions through Investor Communication Solutions segment. The Company offers a middle- and back-office securities processing platform for North American and global broker-dealers. Its services include investor and customer communications, securities processing, and data and analytics solutions. The Company delivers a range of solutions that helps its clients serve their retail and institutional customers across the entire investment lifecycle, including pre-trade, trade, and post-trade processing functionality.

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