Reports Q3 revenue $537.4M, consensus $533.42M. “Over the last two years, we have made meaningful adjustments that have reinforced the foundation for executing our growth strategy-driving quality sales, increasing client engagement, and capitalizing on market opportunities. Our record third-quarter results highlight our market momentum and that we are running our company differently,” said CEO Ryan Hicke. “I am confident that SEI’s combination of stability, culture, balance sheet strength, client focus, and willingness to invest in innovation and scalable solutions will drive competitive differentiation and accelerated growth. We are focused on maximizing our enterprise value for our shareholders, and we are proud of our employees’ dedication and enthusiasm.”
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Read More on SEIC:
- SEI Investments approves $400M increase to its stock repurchase program
- SEIC Earnings this Week: How Will it Perform?
- SEI Investments price target raised to $74 from $71 at Piper Sandler
- SEI Investments price target raised to $81 from $80 at Oppenheimer
- SEI Investments Chairman West sells $4.83M of shares
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