SEI Investments (SEIC) Tops Q1 EPS by 3c

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Go back to SEI Investments (SEIC) Tops Q1 EPS by 3c

SEI Reports First-Quarter 2016 Financial Results

April 20, 2016 8:31 AM EDT

OAKS, PA -- (Marketwired) -- 04/20/16 -- SEI Investments Company (NASDAQ: SEIC) today announced financial results for the first-quarter 2016. Diluted earnings per share were $.47 in first-quarter 2016 compared to $.50 in first-quarter 2015. Diluted earnings per share in first-quarter 2016 and 2015 each reflect pre-tax gains of $2.8 million, or $.01 per share, from the sale of SEI Asset Korea.

Consolidated Overview For the Three Months (In thousands, except earnings per share) Ended March 31, 2016 2015 % ---------- ---------- -- Revenues $ 334,263 $ 325,444 3% Net income 77,497 84,611 (8)% Diluted earnings per share $ 0.47 $ 0.50 (6)%

"Our results for the first quarter reflect the growing adoption of our... More