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Hennessy Advisors: Fiscal 2Q Earnings Snapshot

NOVATO, Calif. (AP) _ Hennessy Advisors Inc. (HNNA) on Tuesday reported fiscal second-quarter profit of $2.9 million.

On a per-share basis, the Novato, California-based company said it had profit of 37 cents.

The investment manager posted revenue of $10.5 million in the period.

Hennessy Advisors shares have increased slightly since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $10.02, a drop of 48% 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