Broadridge's Distributed Ledger Repo Processes $7.6 Trillion in October
Broadridge Financial Solutions reported that its Distributed Ledger Repo (DLR) platform processed $7.6 trillion in transaction volume during the month of October 2026.
Stocks · News reference
Broadridge Financial Solutions has partnered with Dinari Inc. to enable holders of dShares tokenized equities to exercise shareholder voting rights through Broadridge's proxy infrastructure.
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Broadridge Financial Solutions reported that its Distributed Ledger Repo (DLR) platform processed $7.6 trillion in transaction volume during the month of October 2026.
Morgan Stanley increased its price target for Broadridge Financial Solutions from $176 to $181.
Broadridge reported strong Q1 2027 results with 11% recurring revenue growth driven by governance and capital markets gains. The company is positioning itself in tokenized equities, experiencing accelerating mutual fund position growth of 16%, and generating $6 million in AI-driven operational savings. Management expects full-year recurring revenue growth of 6-8% and maintains a 98% client retention rate while investing in digital engagement and strategic initiatives.
Broadridge Financial Solutions (BR) reported Q1 fiscal 2027 earnings of $1.56 per share, beating estimates by 13.9%, with revenues rising 5% to $1.67 billion. Recurring revenues grew 11% year-over-year to $1.08 billion driven by organic growth and acquisitions. The company reaffirmed fiscal 2027 targets of 6-8% recurring revenue growth and 8-12% adjusted EPS growth. However, operating margins contracted and the stock has underperformed the broader market over the past year.
Filed: 2026-11-03 AccNo: 0001383312-26-000030 Size: 5 MB Item 2.02: Results of Operations and Financial Condition Item 9.01: Financial Statements and Exhibits
Broadridge Financial Solutions, Inc. reported its fiscal 2027 first-quarter financial results, highlighting 11% recurring revenue growth and reaffirming its full-year guidance.