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Manning & Napier: 2Q Earnings Snapshot

July 31, 2018

FAIRPORT, N.Y. (AP) _ Manning & Napier Inc. (MN) on Tuesday reported second-quarter earnings of $766,000.

On a per-share basis, the Fairport, New York-based company said it had net income of 5 cents. Earnings, adjusted for non-recurring costs, were 6 cents per share.

The investment management firm posted revenue of $41.1 million in the period.

In the final minutes of trading on Tuesday, the company’s shares hit $3.10. A year ago, they were trading at $4.05.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MN at https://www.zacks.com/ap/MN

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