UPDATE 1-Broadridge Financial Q4 beats Street view

* Q4 EPS $0.83 vs est $0.79

* Q4 revenue down 7 pct to $736.5 million

* Sees FY10 rev growth 4 to 8 pct

* Sees FY10 EPS $1.50 to $1.60

* Says board clears 10 mln share buyback

Aug 11 (Reuters) - Broadridge Financial Solutions Inc (BR.N) posted a 20 percent rise in quarterly profit, beating market expectations, helped partly by growth in recurring fee revenue, and forecast weaker growth in earnings in first-half of fiscal 2010 than in the second half.

Broadridge, which provides technology solutions to the financial services industry, said net profit for the fourth-quarter was $116.9 million, or 83 cents a share, compared with $97.8 million, or 69 cents a share, last year.

Revenue for the quarter was $736.5 million, down 7 percent from last year.

Three analysts on an average expected the company to earn 79 cents a share, on revenue of 747 million, according to Reuters estimates.

For fiscal 2010, the company forecast revenue growth in the range of 4 percent to 8 percent and earnings in the range of $1.50 to $1.60 a share.

The company said it expects earnings growth to be lower in the first six months of 2010, compared with the second half.

Analysts on average expect 2010 earnings of $1.51 a share on revenue of $2.23 billion, according to Reuters Estimates.

The company also said its board has authorized the repurchase of up to 10 million shares, which it expects to help offset share dilution created by its equity compensation plans.

Shares of the Lake Success, New York-based company closed at $18.28 Monday on the New York Stock Exchange. (Reporting by Saqib Iqbal Ahmed in Bangalore; Editing by Maju Samuel)