SEI Reports Second-Quarter 2021 Financial Results
SEI Investments Company today announced financial results for the second-quarter 2021
Press release
SEI Reports Second-Quarter 2021 Financial Results
OAKS, Pa., July 21, 2021 – SEI Investments Company (NASDAQ:SEIC) today announced financial results for the second-quarter 2021. Diluted earnings per share were $0.93 in second-quarter 2021 compared to $0.68 in second-quarter 2020.
| (In thousands, except earnings per share) |
For the Three Months Ended June 30, |
For the Six Months Ended June 30, |
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| 2021 | 2020 | % | 2021 | 2020 | % | |
| Revenues | $475,651 | $400,646 | 19% | $931,337 | $815,408 | 14% |
| Net income | 133,778 | 101,066 | 32% | 263,248 | 210,308 | 25% |
| Diluted earnings per share | $0.93 | $0.68 | 37% | $1.82 | $1.39 | 31% |
“Our second-quarter results reflect positive markets, improving sales momentum and solid capital returns to shareholders. We continue to invest in our technology and investment solutions to deliver best-in-class products and services to our clients,” said Alfred P. West, Jr., SEI Chairman and CEO.
“As the industry evolves coming out of the pandemic, we continue to execute growth strategies across our business and take advantage of increasing demands for integrated technologies, sound operational solutions and a market-responsive investment approach. For more than 50 years, our stability, scale and success have been driven by seizing opportunities powered by our dedicated, talented workforce and tech-driven solutions. We are committed to delivering long-term value to our shareholders, employees, clients and communities.”
