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Hennessy Advisors: Fiscal 1Q Earnings Snapshot

NOVATO, Calif. (AP) _ Hennessy Advisors Inc. (HNNA) on Tuesday reported fiscal first-quarter net income of $2.6 million.

The Novato, California-based company said it had profit of 35 cents per share.

The investment manager posted revenue of $10.2 million in the period.

Hennessy Advisors shares have increased nearly 4% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $10.45, a drop of 7.5% in the last 12 months.

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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 HNNA at https://www.zacks.com/ap/HNNA