Inside Long Island Business
Get the latest news and trends on Long Island companies and the people behind them.
Broadridge Financial sees higher revenue, profit in third quarter
Photo credit: Bloomberg News, 2009
Broadridge Financial Solutions Inc., a Lake Success-based company that provides investor communications and securities processing, reported higher sales and profits for its third fiscal quarter -- driven by increased business and distribution fees.
The company reported revenues of $576.7 million for the quarter ended March 31, a 5.4 percent increase from the same period in 2012. Profits were...
Read more »Broadridge reports higher sales, profits
Photo credit: Newsday / Alejandra Villa
Broadridge Financial, a Lake Success-based company which provides investor communications and securities processing, reported increased sales and profits for its second fiscal quarter as a result of increased business and more distribution fees.
The company had revenues of $493 million in the quarter ending Dec. 31, a three percent increase from $480 million in the same period last year....
Read more »Globecomm sales and profits drop
Photo credit: Joseph D. Sullivan, 2010
Globecomm Systems Inc, a Hauppauge company that manufacturers satellite communication devices, reported lower sales and profits for the last quarter due to a drop in government contracts.
The company reported revenue fell to $79.7 million for the quarter ending Dec. 31, a 16.7 percent decrease from the same period in 2011.
Globecomm also reported a 59.1 percent dip in profit compared...
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