Shares of SEI Investments (NASDAQ:SEIC) rose 8.22% in after-market trading after the company reported Q2 results.
Earnings per share fell 17.07% over the past year to $0.68, which were in line with the estimate of $0.68.
Revenue of $400,646,000 declined by 2.18% year over year, which missed the estimate of $401,010,000.
SEI Investments hasn't issued any earnings guidance for the time being.
SEI Investments hasn't issued any revenue guidance for the time being.
How To Listen To The Conference Call
Date: Jul 22, 2020
Time: 04:30 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/88ararme
Company's 52-week high was at $69.61
52-week low: $35.41
Price action over last quarter: Up 18.79%
SEI Investments provides investment processing, management, and operations services to financial institutions, asset managers, asset owners, and financial advisors in four material segments: private banks, investment advisors, institutional investors, and investment managers. SEI also has a minority interest in LSV Asset Management, a value equity asset manager with over $96 billion in AUM. As of Dec. 31, 2019, SEI (including LSV) manages, administers, or advises on over $1.0 trillion in assets.
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