NOVATO, Calif. (AP) _ Hennessy Advisors Inc. (HNNA) on Wednesday reported fiscal third-quarter net income of $2.7 million.
The Novato, California-based company said it had net income of 34 cents per share.
The investment manager posted revenue of $10.4 million in the period.
Hennessy Advisors shares have fallen roughly 6% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $9.43, a decline of 38% in the last 12 months.