Inside Long Island Business
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Broadridge Financial reports lower profits
Photo credit: Newsday / Alejandra Villa
Broadridge Financial Solutions, a technology company that services financial firms, reported weaker earnings in the quarter ending June 30 due to losses incurred from a business partner.
The Lake Success firm said it earned $83.4 million last quarter compared with $116.2 million during the same period a year ago.
The lower profit was attributed to losses incurred from assets Broadridge...
