Aug 5 (Reuters) - Fintech firm Broadridge Financial

reported fourth-quarter profit above Wall Street

estimates on Tuesday, helped by demand for its investor

communication offerings and global technology businesses.

WHY IT'S IMPORTANT

Broadridge is one of the largest investor communication and

technology services provider in the U.S. to banks,

broker-dealers, and other financial institutions. It plays a

critical role in enabling proxy voting, trade processing, and

regulatory compliance.

The company's two mainstay businesses are investor

communication solutions, which account for the majority of its

revenue, and global technology and operations.

Investor communication solutions engage in distribution of

proxy materials and other corporate communication.

The global technology and operations unit offers products

such as desktop productivity tools, portfolio management, cash

management, clearance and settlement.

CONTEXT

The Lake Success, New York-based company, benefited from

steady demand for proxy communications from companies to

shareholders ahead of annual meetings. It has also been

increasingly leaning on growth in its digital wealth and market

infrastructure platforms, as volatile markets and revived deal

activity boost client need for real-time data and analytics.

KEY QUOTE

"We are on track to deliver again on our three-year top- and

bottom-line growth objectives," said CEO Tim Gokey.

Broadridge targets 7-9% recurring revenue CAGR and 8-12%

adjusted EPS CAGR over fiscal years 2024 to 2026.

BY THE NUMBERS

Broadridge posted adjusted earnings per share of $3.55 for

the three months ended June 30, compared with analysts' average

estimate of $3.50, according to data compiled by LSEG.

Revenue at its investor communication solutions unit grew 5%

to $1.60 billion. The global technology and operations segment

also saw a 12% revenue jump to $464.7 million.

The company announced fiscal 2026 guidance of 5-7% recurring

revenue growth constant currency and 8-12% adjusted EPS growth.

Total revenue for the quarter increased 6% to $2.07 billion.