Company Report

Broadridge’s Interest expense, net decrease of $3 million in Q2 2021

Broadridge Financial Solutions, Inc. (NYSE:BR) reported financial results for the second quarter and six months ended December 31, 2020 of its fiscal year 2021.

Financial Results for the Second Quarter Fiscal Year 2021 compared to Second Quarter Fiscal Year 2020

Interest expense, net was $11 million, a decrease of $3 million, driven by lower average interest rates on borrowings.

Financial Results for the Six Months Fiscal Year 2021 compared to the Six Months Fiscal Year 2020

Interest expense, net was $26 million, a decrease of $1 million, from lower average interest rates on borrowings.

Source: www.broadridge-ir.com

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