SEI Investments Q3 Earnings: A Surprise Profit Beat

SEI Investments just dropped its Q3 earnings, and while revenue was slightly below expectations at $578.5 million, the company crushed it on earnings per share, reporting $1.30 against an expected $1.25. This beat signals strong cost management and efficiency, making investors happy despite the minor revenue shortfall. All eyes are now on SEI's ability to boost revenue growth in future quarters.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.