SEI Reports Third-Quarter 2018 Financial Results

October 23, 2018

OAKS, Pa., Oct. 23, 2018 – SEI Investments Company (NASDAQ:SEIC) today announced financial results for the third-quarter 2018. Diluted earnings per share were $0.80 in third-quarter 2018 compared to $0.63 in third-quarter 2017.

Consolidated Overview

(In thousands, except
earnings per share)
For the Three Months
Ended September 30,
  For the Nine Months
Ended September 30,
 
  2018 2017 % 2018 2017 %

Revenues

$408,682 $386,018 6% $1,219,110 $1,118,333 9%
Net income 128,319 101,739 26% 389,834 282,245 38%
Diluted earnings per share $0.80 $0.63 27% $2.41 $1.74 39%

"Our third-quarter results reflect our focus on growing our existing markets with market leading solutions to our clients’ most challenging issues, while continuing our expansion into new markets and the development of additional capabilities," said Alfred P. West, Jr., SEI Chairman and CEO.

"We are on the right track. Despite market challenges, we remain committed to investing in our future, executing effectively today to increase shareholder value over time."

Please read the full press release.