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FAIRPORT, N.Y. (AP) _ Manning & Napier Inc. (MN) on Tuesday reported first-quarter profit of $561,000.
On a per-share basis, the Fairport, New York-based company said it had net income of 3 cents.
The investment management firm posted revenue of $34.8 million in the period.
In the final minutes of trading on Tuesday, the company's shares hit $2.04. A year ago, they were trading at $3.10.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MN at https://www.zacks.com/ap/MN