Broadridge Financial Solutions (BR) Revenue — Quarter Ended Jun 30, 2023
Revenue rose in the current quarter compared with the same period a year earlier, and also increased from the preceding quarter. This continues an upward revenue trajectory observed throughout the reported fiscal year.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q4
Revenue rose in the current quarter compared with the same period a year earlier, and also increased from the preceding quarter. This continues an upward revenue trajectory observed throughout the reported fiscal year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.8B
Revenue reported for this quarter.
Quarter-over-quarter
+11.7%
Change from the immediately preceding quarter.
Year-over-year
+6.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.1B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $1.3B | +7.6% |
| Dec 31, 2022 | $1.3B | +2.6% |
| Mar 31, 2023 | $1.6B | +7.3% |
| Jun 30, 2023 | $1.8B | +6.7% |
Revenue performance
The reported revenue for this quarter was higher than both the immediately preceding quarter and the year-ago quarter. The sequential increase from the prior quarter reflects a stronger performance than the prior sequential period.
Quarterly comparison
Compared with the same quarter one year earlier, revenue was higher, and the rate of increase was lower than the sequential growth rate from the preceding quarter. The trailing twelve-month revenue was above the current quarterly level.
What to watch
The filing includes discussion of cash and cash equivalents, which totaled more than at the same point last year.