SEI Investments (SEIC) Tops Q1 EPS by 3c

SEI Investments (NASDAQ: SEIC) reported Q1 EPS of $0.47, $0.03 better than the analyst estimate of $0.44. Revenue for the quarter came in at $334.3 million versus the consensus estimate of $333.68 million.

"Our results for the first quarter reflect the growing adoption of our platform solutions across our target markets and customer bases while we manage through capital market volatility," said Alfred P. West, Jr., SEI Chairman and CEO. "SEI's sales success during the quarter is a testament to the relevance of our offerings to our clients' businesses.

"In all segments of our company, we are continuously investing in products and services that will position us well for the long term, while creating sustainable growth and increased shareholder value."

For earnings history and earnings-related data on SEI Investments (SEIC) click here.

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