FAIRPORT, N.Y. (AP) _ Manning & Napier Inc. (MN) on Tuesday reported second-quarter net income of $414,000.
The Fairport, New York-based company said it had net income of 3 cents per share.
The investment management firm posted revenue of $34.3 million in the period.
In the final minutes of trading on Tuesday, the company's shares hit $1.50. A year ago, they were trading at $2.95.