Broadridge Financial Solutions (BR) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter increased compared with both the immediately preceding quarter and the same quarter one year earlier. The sequential growth was larger than the year-over-year increase.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q4
Revenue for the quarter increased compared with both the immediately preceding quarter and the same quarter one year earlier. The sequential growth was larger than the year-over-year increase.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.9B
Revenue reported for this quarter.
Quarter-over-quarter
+12.6%
Change from the immediately preceding quarter.
Year-over-year
+5.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.5B
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, 2023 | $1.4B | +11.5% |
| Dec 31, 2023 | $1.4B | +8.7% |
| Mar 31, 2024 | $1.7B | +4.9% |
| Jun 30, 2024 | $1.9B | +5.7% |
Revenue performance
The reported revenue rose from the prior quarter, with a sequential growth rate that exceeded the rate of change from the same quarter last year.
Quarterly comparison
Compared with the same quarter one year earlier, revenue also increased. The year-over-year growth rate was lower than the sequential growth rate.
What to watch
The sequential revenue increase was notably larger than the year-over-year increase, a dynamic that may warrant further examination of quarter-specific factors.