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April 9, 2014
08:05 EDTBRBroadridge awarded second patent for portfolio-specific printing technology
Broadridge has added a second patent in the patent family directed to Broadridge's portfolio-specific printing technology. The patent expands Broadridge's patent protection on personalized investor-information packages to be delivered to the investor, in either paper or electronic format.
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September 17, 2014
08:46 EDTBRBroadridge reaffirms FY15 EPS view $2.42-$2.52, consensus $2.48
Backs FY15 recurring revenue growth in the range of 5%-7%, and total revenue growth in the range of 4%-6%, consensus $2.69B. Reaffirms FY15 free cash flow outlook in the range of approximately $320M-$370M. Says aims to grow portfolio by capitalizing on three disruptive market macro trends, which include digitization of investor communications, cost/capability mutualization and intelligence created from unique data. Says the company plans to do so with a combination of organic growth, partnerships and acquisitions. Says targeting to pay out 45% of NON-GAAP net earnings in dividends, but expects no less than $1.08 per share annually, subject to board approval. Says aims to use excess cash "opportunistically" to offset dilution and reduce share count through buybacks. aims to invest in projects delivering at least 20% IRR. Comments taken from the company's investor slide presentation.

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