Broadridge Sees 6% Uptick in Q2 FY23 Recurring Revenue
Broadridge Financial Solutions, Inc. (NYSE: BR) published its financials for the second quarter of fiscal 2023, reporting a 3 percent yearly rise in total revenue to about $1.3 billion. In addition, the recurring revenue increased by 6 percent to $840 million. Broadridge categorizes its business into two broad areas: investor communication solutions (ICS) and global […]
Compagnie Financière Tradition Sees 8.9% Revenue Rise in Q4 2022
Compagnie Financière Tradition (CFT), a Swiss interdealer broker and operator of a Japanese retail broking giant, reported the consolidated revenue as CHF 231.1 for the fourth quarter of 2022. The figure jumped from CHF 219 million generated in the last three months of the previous year with a year-over-year increase of 8.9 percent on a […]
TradeStation and Crypto Loss Pushes Monex Revenue Lower
Monex Group, a Japan-based financial services company, released its financial results for the third quarter of the fiscal year 2023 on Monday. In the nine-month period between April and December 2022, the company’s operating revenue and profit recorded a visible slump with the contribution of the crypto and TradeStation business. According to the recent press […]
IG Extends Share Buyback Program amid 10% Revenue Jump
IG Group (LON: IGG) closed six months ended 30 November 2022, which is the first half of the financial year 2023, with total revenue of £519.1 million and pre-tax profits of £240.5 million. While the revenue jumped 10 percent year-over-year, the pre-tax profits slightly decreased by 2 percent. The adjusted total revenue came in at […]
Five Directors Buy 1.89% Stake in Cornerstone amidst Revenue Boost
Five directors of Cornerstone FS PLC, a cloud-based provider of global payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture […]
JPMorgan, Bank of America beat on top and bottom lines, Bank of New York Mellon misses on revenue
Banks started the earnings season off on solid footing. JPMorgan beat on top and bottom lines for Q4. Bank of America beat EPS consenus by about 10%. Bank of New York Mellon stock fell on a revenue miss. A flurry of banks fired the starter pistol of earnings season early on Friday. JPMorgan (JPM) and Bank […]