Broadridge Financial Solutions, Inc. (NYSE:BR) Q4 2023 Earnings Conference Call August 8, 2023 8:30 AM ET

Company Participants

Edings Thibault - Head of IR

Timothy Gokey - CEO

Edmund Reese - CFO

Conference Call Participants

Peter Heckmann - D.A. Davidson

Dan Perlin - RBC Capital

Puneet Jain - JPMorgan

Darrin Peller - Wolfe Research

David Togut - Evercore ISI

Michael Infante - Morgan Stanley

Patrick O'Shaughnessy - Raymond James

Operator

Good morning, and welcome to the Broadridge Fourth Quarter and Fiscal Year 2023 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.

At this time, I would like to turn the floor over to Edings Thibault, Head of Investor Relations. Please go ahead.

Edings Thibault

Thank you, Jamie. Good morning, everybody, and welcome to Broadridge's Fourth Quarter and Fiscal Year 2023 Earnings Call. Our earnings release and the slides that accompany this call may be found on the Investor Relations section of broadridge.com. Joining me on the call this morning are Tim Gokey, our CEO; and our CFO, Edmund Reese.

Before I turn the call over to Tim, a few standard reminders. One, we will be making forward-looking statements on today's call regarding Broadridge that involve risks. A summary of these risks can be found on the second page of the slides and a more complete description on our annual report on Form 10-K. Two, we'll also be referring to several non-GAAP measures, which we believe provide investors with a more complete understanding of Broadridge's underlying operating results. An explanation of these non-GAAP measures and reconciliations to the comparable GAAP measures can be found in the earnings release and presentation.

Let me now turn the call over to Tim Gokey. Tim?

Timothy Gokey

Thank you Edings and good morning. It's great to be here this morning to review our strong fiscal 2023 results. I'm particularly proud of what b Broadridge has been able to accomplish over the past year and where we stand now as we look forward.

In Fiscal 2023, we finalized the rollout of our new wealth platform suite, completed the product integration of our front office trading capabilities, and brought new innovation and digitization to our governance clients. At the same time, we delivered strong financial results and record-free cash flow. We met our leverage target, and we delivered at or above the high end of our three-year financial objectives. The net result is that Broadridge is exiting 2023 poised to deliver another strong year in Fiscal 2024 and well-positioned for continued long-term growth.