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NOVATO, Calif. (AP) _ Hennessy Advisors Inc. (HNNA) on Thursday reported fiscal first-quarter net income of $1.8 million.
On a per-share basis, the Novato, California-based company said it had net income of 24 cents.
The investment manager posted revenue of $7.8 million in the period.
Hennessy Advisors shares have climbed almost 6% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $9.01, a fall of 14% in the last 12 months.