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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

Richard Daly, chief executive of Broadridge Financial Solutions

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...

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Broadridge reports higher sales, profits

Broadridge Financial Solutions reported Thursday, Feb. 7, 2013,

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....

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Globecomm sales and profits drop

David E. Hershberg is chief executive and chairman

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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