AI brief of an SEC Form 8-K · SEI Investments (SEIC)

SEI Q2 diluted EPS rises 18% to $1.05 as revenue grows 6% to $519.0 million

Positive Impact 3 of 5 earnings Written later

SEI Investments reported second-quarter 2024 revenue of $519.0 million, up 6% from a year earlier, and net income of $139.1 million, up 17%. Diluted earnings per share rose 18% to $1.05, and income from operations rose 21% to $136.5 million, all of which point to stronger profitability for shareholders.

Key points

  • Diluted EPS was $1.05 for the quarter ended June 30, 2024, compared with $0.89 a year earlier.
  • Revenue was $519.0 million, compared with $489.1 million in second-quarter 2023.
  • Net income was $139.1 million, compared with $118.9 million, an increase of 17%.
  • The company repurchased 1.6 million shares for $111.2 million at an average price of $67.44 per share.

The filing

CompanySEI Investments (SEIC)
Form8-K, current report
Filed with the SECJul 24, 2024, 4:04 PM ET
Accession number0000350894-24-000099

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:12 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 24, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.