Manning & Napier: 2Q Earnings Snapshot
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.