FAIRPORT, N.Y. (AP) _ Manning & Napier Inc. (MN) on Thursday reported second-quarter profit of $1.5 million.
The Fairport, New York-based company said it had net income of 6 cents per share. Earnings, adjusted for non-recurring costs, came to 8 cents per share.
The investment management firm posted revenue of $30.3 million in the period.
In the final minutes of trading on Thursday, the company's shares hit $3.36. A year ago, they were trading at $1.48.