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SEI Reports Second-Quarter 2021 Financial Results

July 21, 2021
clock 2 MIN READ

OAKS, Pa., July 21, 2021 – SEI Investments Company (NASDAQ:SEIC) today announced financial results for the second-quarter 2021. Diluted earnings per share were $0.93 in second-quarter 2021 compared to $0.68 in second-quarter 2020.

CONSOLIDATED OVERVIEW

 

(In thousands, except
earnings per share)
For the Three Months
Ended June 30,
  For the Six Months
Ended June 30,
 
  2021 2020 % 2021 2020 %
Revenues $475,651 $400,646 19% $931,337 $815,408 14%
Net income 133,778 101,066 32% 263,248 210,308 25%
Diluted earnings per share $0.93 $0.68 37% $1.82 $1.39 31%

 

“Our second-quarter results reflect positive markets, improving sales momentum and solid capital returns to shareholders. We continue to invest in our technology and investment solutions to deliver best-in-class products and services to our clients,” said Alfred P. West, Jr., SEI Chairman and CEO. 

“As the industry evolves coming out of the pandemic, we continue to execute growth strategies across our business and take advantage of increasing demands for integrated technologies, sound operational solutions and a market-responsive investment approach. For more than 50 years, our stability, scale and success have been driven by seizing opportunities powered by our dedicated, talented workforce and tech-driven solutions. We are committed to delivering long-term value to our shareholders, employees, clients and communities.”

Please read the full press release.

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