SEI Investments Company Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2018; Provides Amortization Expense Guidance for the First Quarter of 2019
January 30, 2019 at 09:01 pm
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SEI Investments Company announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2018. For the quarter, the company reported total revenues of $405,057,000 against $408,219,000 a year ago. Income from operations was $102,962,000 against $106,963,000 a year ago. Net income was $116,034,000 or $0.75 basic per share against $122,144,000 or $0.78 basic per share a year ago. Diluted earnings per common share were $0.73 against $0.75 a year ago.
For the year, the company reported total revenues of $1,624,167,000 against $1,526,552,000 a year ago. Income from operations was $441,988,000 against $396,944,000 a year ago. Net income was $505,868,000 or $3.23 basic per share against $404,389,000 or $2.56 basic per share a year ago. Diluted earnings per common share were $3.14 against $2.49 a year ago.
SEI Investments Company provides technology and investment solutions that connect the financial services industry. Its segments include Private Banks, Investment Advisors, Institutional Investors, Investment Managers, and Investments in New Businesses. Its Private Banks segment provides outsourced investment processing and investment management platforms to banks and trust institutions, independent wealth advisers, and financial advisers worldwide. Its Investment Advisors segment provides investment management and investment processing platforms to affluent investors through a network of independent registered investment advisors, financial planners, and other investment professionals in the United States. The Institutional Investors segment provides outsourced chief investment officer solutions, including investment management and administrative outsourcing platforms to retirement plan sponsors, healthcare systems, higher education and other not-for-profit organizations worldwide.
SEI Investments Company Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2018; Provides Amortization Expense Guidance for the First Quarter of 2019
SEI INVESTMENTS COMPANY 
