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Earnings Call Summary | SEI Investments(SEIC.US) Q1 2024 Earnings Conference

Earnings Call Summary | SEI Investments(SEIC.US) Q1 2024 Earnings Conference

業績電話會議摘要 | SEI Investments (SEIC.US) 2024 年第一季度業績會議
富途資訊 ·  04/25 15:55  · 電話會議

The following is a summary of the SEI Investments Company (SEIC) Q1 2024 Earnings Call Transcript:

以下是SEI投資公司(SEIC)2024年第一季度業績電話會議記錄的摘要:

Financial Performance:

財務業績:

  • SEI Investments delivered Q1 2024 revenue of $511.6 million, up 9% from the Q1 2023.

  • The company experienced a net income rise of 23%, reaching $131.4 million.

  • The quarter counted $21.3 million in net sales events, $16.6 million of which comprised net recurring events majorly attributed to technology and operational outsourcing sales, totalled to $24.5 million.

  • Earnings per share for the quarter recorded an increase, reporting $0.99, marking a rise of 25% from the $0.79 reported in the same period in the prior year.

  • There was an observed repurchase of roughly 808,000 shares of SEI's own stocks at an average cost of $69.32 per share, culminating in total stock purchases of $56 million.

  • SEI Investments 在 2024 年第一季度實現了 5.116 億美元的收入,比 2023 年第一季度增長了 9%。

  • 該公司的淨收入增長了23%,達到1.314億美元。

  • 該季度的淨銷售事件爲2,130萬美元,其中1,660萬美元包括主要歸因於技術和運營外包銷售的淨經常性事件,總額爲2450萬美元。

  • 該季度的每股收益實現增長,爲0.99美元,較去年同期公佈的0.79美元增長了25%。

  • 據觀察,SEI自有股票回購了約80.8萬股,平均每股成本爲69.32美元,最終股票購買總額爲5600萬美元。

Business Progress:

業務進展:

  • SEI primarily aims to enhance sales and pipeline activity, allocating crucial resources of capital and talent towards evolving technologies and fresh growth initiatives.

  • Significant growth was recorded in technology and operational sectors, particularly profit growth in private banking.

  • A strategic stake in TIFIN is expected to facilitate faster adoption of AI in wealth management.

  • SEI reported an expansion of their offerings in both traditional and alternative markets, including CITs and transitioning mutual funds into ETFs.

  • The company broadened its global footprint, particularly with collaborations with private asset managers in Europe, with the extension of IMS services in non-U.S. markets being a central component of their forward-looking growth strategy.

  • SEI Investments also reported robust financial outcomes in Q1 2024 from private banking and IMS, and from the newer initiatives.

  • They have enhanced their executive team with the hiring of Sean Denham as CFO. They struck the quarter off with strong financial results and are well positioned for future success.

  • SEI的主要目標是加強銷售和管道活動,爲不斷髮展的技術和新的增長計劃分配重要的資本和人才資源。

  • 科技和運營領域實現了顯著增長,尤其是私人銀行的利潤增長。

  • 預計持有TIFIN的戰略股份將促進在财富管理中更快地採用人工智能。

  • SEI報告稱,他們在傳統和另類市場的產品均有所擴大,包括CIT和將共同基金過渡到ETF。

  • 該公司擴大了其全球足跡,特別是通過與歐洲私人資產管理公司的合作,將IMS服務擴展到非美國市場是其前瞻性增長戰略的核心組成部分。

  • SEI Investments還報告了2024年第一季度私人銀行和IMS以及新舉措的強勁財務業績。

  • 他們聘請肖恩·德納姆擔任首席財務官,從而加強了高管團隊。他們以強勁的財務業績結束了本季度,爲未來的成功做好了充分的準備。

More details: SEI Investments IR

更多詳情: SEI 投資 IR

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

提示:欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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