great afternoon, in XXXX. hope Lindsey. holidays you a I off everyone. to start Thanks, and Good all enjoyed are the
our engagement strategic in of I of really the entire Before and I for the hope the many Personally energized that of investor you to enjoyed really experience. excited community. and investment for was by Oaks holiday conference season, had share was November. everyone we vision our the hosting future. focus engaged in the I pleasure
by effectively their financial apply our to turning strength. our more helping for opportunities, continue model going clients capital deploy growth We're leveraging and prospects challenges and business proven into to
quarter revenues continue tensions, quarter, year a policy declined impact Fourth ago. to of geopolitical X% pressures, feel fiscal factors, and including the inflationary more. from the markets During economic
of earnings XX% quarter a the down reported quarter EPS $X.XX $X.XX decreased XX% Fourth quarter fourth fourth from from the Our were XXXX. year ago. in
SEI $XX.X In X.X of into stock the quarter, at million purchases. shares translates $XX.XX repurchased an price of share. per That stock million average we of
annual $X.XX per share. We an also dividend declared of
key We third continued to build some positive in off feel absorbing confident our momentum, recurrent. of sales approximately positive that already. direction we're here, that still lot the prospects net we've year totaled and of at which a we wins. turning quarter's clients were events spent sales million offset $XX.X million, are the very Net this but a losses time and I tide $XX.X
we across extended the more recontracting successful also During our of in than a resulting million execution annual quarter, $XXX processing strategy, of recurring businesses. a had revenue
you management. slim sure all they We giving our streamline reach and that also coming workforces major vigilant of [taboos] conditions, priority in surgical to expense and their operations. I'm down profitability the expect saw to that's macroeconomic amid whether concerns companies themes are say efficiency their about to of strategic one goals, or out remain as
financial to to services have we investments making spending conviction are adjustments well we and and to manage high industries tech the are as those where going growth. time, especially this market, The our into lean through ability clearly but SEI to drive
new of will successful. actively clients more We results. our into with more further for on later Dennis SEI to also partner time to become opportunities financial help see go and them this details catalysts and existing
to alternative the largest business opportunistically to our launching Managers products. see continues Investment lines our of Turning new segment, business. our clients In
business at as flagship in a investor equity One platform of credit our business, expanded private a large multi-strategy private the well. client clients and
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We are months only starting are this few progress. effort, but a we to into make
integrated We've across to these segments our better leverage go-to-market aligning competencies, and segments. business strategies talent
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conviction our flexibility A providing key and of the our paired component investment investment of our with the management continued of choice. oversight options unbundling unit, both and strategy is clients
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remain integrating into markets, growth OCIO SEI and focused Private new further installing there including we and a institutional the be but clients, in move in ECIO current where opportunities we SEI integrating Wealth are retaining headwind on Novus and selling our we leveraging advancing OCIO believe will values platform, will business Asset Management XXXX, as growth business.
competitive eight U.S., quarter. clients one TRUST the U.K. the these and had we in in in Private four of XXXX a clients. Four eight situations. clients clients, were the active In Banks recontracted very We three including business,
XXXX. Our contracts with been resized Wells our Fargo extended and as previously announced has of was until December relationship
in new We and U.S. our in we Financial three the implemented that First Bank Hilltop including clients and in signed two names were also quarter, the backlog.
and segment opportunities in look this expenses activity, to rightsize to accelerate our continue including cross-sell markets. sales will We across
management to attention we renewed The we paid past. sales a now been and believe client attractive solidified and the make year, growth. what for acutely SEI this has the on with optimistic for I'm segments in the in business increase have changes this segment of focus expense future aggressive leadership made last we engagement aware combined for the that foundation me that are
the clients new Highlighting cloud for accelerated positive sales be plan business increased prospects our cyber with some of offering. services more traction force, This an continues areas focus Sphere traction aggressive investments includes and growth and investments new and to in area and activity existing SEI the the in in SEI growth segment, in with increasing marketing, size XXXX. a
began They team. execution focused drive be also the we quarter, a transactions building on of the strategic development corporate growth. to During our plan will and development
remains Dennis will results the very their quarter. LSV our Finally, for partnership report financial strong. on with
culture the As that talent our I've these we're focused equity of and in mentioned in and calls, enrich support development and inclusion. initiatives our diversity, also programs particularly on
in invest continue We in to for these the areas advantages future. competitive SEI as
continue out. necessary on comments investor offense XXXX. is the we'll the will November, path we've opportunities my going laid and We'll believe to drive SEI the echo focus in in on conference meaningfully keep growth make To at us seizing changes to that that on we
only remain and volatile was market our We continued This year the ahead help for remarks. client XXXX own that year prepared a success belief coinciding organizational driving my of but we in our with our steadfast the to in environment. transition are succeed, SEI beyond. not well-positioned concludes
I turn will results financial over to to Dennis? Dennis now the our it quarter. discuss for
