NEW YORK (AP) _ Pzena Investment Management Inc. (PZN) on Thursday reported third-quarter profit of $3.5 million.
On a per-share basis, the New York-based company said it had net income of 19 cents.
The asset manager posted revenue of $37.1 million in the period.
Pzena shares have decreased almost 1% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $8.57, a drop of 15% in the last 12 months.