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Broadridge Financial Solutions: Can 20% Pipeline Growth Offset A 16% Sales Drop?

Broadridge Financial Solutions reported solid results for its third quarter of fiscal year 2026, demonstrating steady progress toward its long-term financial targets. The company recorded 6% recurring revenue growth on a constant currency basis and an 11% increase in adjusted earnings per share (EPS), reflecting continued strength across its governance, capital markets, and wealth management segments. The governance division saw an 8% rise in recurring revenues driven by growth in investor participation and new product innovations, including expanded pass-through voting and standing voting instruction solutions. Capital markets experienced healthy underlying growth of 6%, albeit offset by a decline in license revenues, while wealth management reported 8% growth supported by strong performance in Canada and strategic acquisitions. Broadridge is investing in emerging areas such as tokenization, digitization of communications, and artificial intelligence (AI), aiming to capitalize on evolving industry trends.