SEI Reports Second-Quarter 2016 Financial Results

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SEI Investments (SEIC) Halted on LUDP

July 27, 2016 2:17 PM EDT

SEI Investments (NASDAQ: SEIC) Halted on LUDP

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SEI Investments (SEIC) Shares Decline with Conference Call Underway

July 27, 2016 2:12 PM EDT

(Updated - July 27, 2016 2:14, 2:41 PM EDT)

SEI Investments (NASDAQ: SEIC) shared declined Wednesday afternoon. The company's conference call to review earnings was scheduled for 2 p.m. Eastern time.

Update:

SEI Investments sees R&D at 12% of revenue by year-end 2016 and in 2017.

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SEI Investments (SEIC) Misses Q2 EPS by 1c

July 27, 2016 8:43 AM EDT

SEI Investments (NASDAQ: SEIC) reported Q2 EPS of $0.49, $0.01 worse than the analyst estimate of $0.50. Revenue for the quarter came in at $343.8 million versus the consensus estimate of $346.7 million.

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

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