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