FAIRPORT, N.Y. (AP) — Manning & Napier Inc. (MN) on Tuesday reported third-quarter profit of $780,000.
On a per-share basis, the Fairport, New York-based company said it had profit of 5 cents.
The investment management firm posted revenue of $40.5 million in the period.
In the final minutes of trading on Tuesday, the company's shares hit $1.96. A year ago, they were trading at $3.90.